When we look at the number of open futures on the Bitcoin side, there has been a decrease in the last candle. When we look at the details, we see that short transactions have been closed on the Binance exchange.
If the open short transactions start to close and fall below the area I marked with the Red rectangle, I think the market may relax a little.
As I said, there is no clear increase in spot purchases yet, spot purchases should also support this, I will be following
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