Open interest positions increased sharply to 20B, which is the level that needs to be adjusted to gain momentum to grow to higher levels.
We have seen OI react 5 times$BTC created the current short-term peak, need to carefully consider the appropriate strategy at the beginning of T10, there is a very high possibility of correction.
Regarding altcoins, you need to carefully consider leverage positions. Those who still have money can have better price zones to accumulate.
$BTC Hold the 65-66k mark to create a beautiful green closing M candle to gain momentum for another green October.
First of all about OI total open contract volume has reached 18B. Previous past OI touched 20B will have adjustment for $BTC
BTC corrects 1 altcoin corrects 2 3 so there is a high possibility that BTC will go up to 65 66k OI will touch 20B and adjust. Short-term forecast healthy adjustment to 61 62k in T9, altcoin adjusts 20-30%
The short-term frame at the beginning of the week has had kills as positions are continuously opened and positive Funding increases. This is not good for$BTC The shortest time frame is the first session of the week.