Bitcoin Leverage Costs Plummet: 📉 A Sign of Market Caution?

The cost of long-side leverage in the #Bitcoin market has 📉 dramatically from $120M/month in March to just $10.8M now! Despite a slight recent 📈, it's still well below January 2023 levels. This indicates a 💪 cooling #market and 🧐 reduced speculative interest among traders during the current correction.

Is this the calm before the storm, or a new trend in #crypto trading? 🤔