Altcoin Open Interest at November Levels: Market Stabilizes
Altcoin open interest has returned to early November levels, while funding rates remain neutral or negative, indicating a short-side bias. This creates the potential for a short squeeze if prices move higher.
The market is in a low-volatility phase that could precede a strong move. Holders are confidently holding positions, focusing on the long term. It is important to keep a cool head and not react to short-term fluctuations.
