BTCMarketInsights
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Bitcoin Open Interest Drops – Longs Still Dominant! 🚨
🔹 Open Interest (OI) fell by -3.59% across major exchanges, with Binance seeing a sharp -5.34% drop! Traders are closing positions, signaling uncertainty.
🔹 Long/Short Ratio remains high on Binance & OKX (>1.6) – More traders are betting on upside!
🔹 Funding rates are still positive on Binance (0.0067%) & OKX (0.0013%), meaning longs are paying shorts.
⚠️ What to watch next?
If BTC doesn’t pump soon, a long squeeze could trigger a sharp drop! Stay cautious!
Bitcoin Open Interest Drops – Longs Still Dominant! 🚨
🔹 Open Interest (OI) fell by -3.59% across major exchanges, with Binance seeing a sharp -5.34% drop! Traders are closing positions, signaling uncertainty.
🔹 Long/Short Ratio remains high on Binance & OKX (>1.6) – More traders are betting on upside!
🔹 Funding rates are still positive on Binance (0.0067%) & OKX (0.0013%), meaning longs are paying shorts.
⚠️ What to watch next?
If BTC doesn’t pump soon, a long squeeze could trigger a sharp drop! Stay cautious!
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