#加密市场反弹

Suddenly remembered that it has been a long time since I talked about the data of BTC total futures open interest. I didn't look at it before, but when I did, I was shocked to find that the total open interest in the futures market has decreased by a full $12 billion from the highest level of $68 billion in December!!! It has now dropped to a level of $56 billion...

From the trend of open interest, it looks very much like the beginning of the second quarter of 2024;

The futures market is initially reducing leverage, while the demand in the spot market is gradually recovering from a sluggish state. At that time, it was due to geopolitical conflicts that caused the last wave of correction, and the current global situation looks much better;

As the futures open interest rapidly decreases, it is also releasing the potential risks in the market; #BinanceAlpha new launch #BIO opening #ADA popularity rising #Bitcoin's 16th anniversary #加密市场反弹迹象