BTC pulled back to around 93000, but the total futures open interest has not seen a significant decrease and remains at a level of 62 billion dollars;
This indicates:
1. Futures bulls have not significantly closed their positions and still have a positive outlook for the future;
2. The dominant force causing the price pullback is in the spot market;
Dollar funds did not make large purchases during Monday's trading day, leading to a supply-demand gap, so a small supply can cause a significant pullback;
If this situation continues, a small pullback may evolve into a deeper pullback, after all, futures bulls are already on board, and in the short term, it can only rely on spot buying to support;
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