Daily and Weekly Open Interest Delta Turn Positive for Bitcoin

This indicates an increase in leveraged exposure on the last day of 2024.

End-of-year speculation often creates numerous trading opportunities or marks a period of growing interest in long positions.

Typically, when the Open Interest Delta turns positive and starts to grow, it is highly likely that Bitcoin's price will also rise. However, it is crucial to monitor whether Market Makers start unloading their positions, which could lead to further price declines.

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