The crypto market has again shown in the last day that there will be no boredom here. Let's break down the key points so you're in the loop!
Trading volumes are rising: where are we heading?
The total trading volume in the last 24 hours has increased by 15.6%, reaching $115.3 billion. It's like all crypto enthusiasts suddenly decided to stock up right before the storm. The activity is particularly noticeable on Binance and Coinbase, where Bitcoin has become the star of the show.
There are more longs than shorts (1.5:1 for Bitcoin).
Traders expect the market to go up, but you know how it goes: if everyone is looking in one direction, the market can turn sharply.
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