⚠️ Local Bitcoin growth to $68,000 caused FOMO in the market. Santiment records a sharp increase in optimistic sentiment. Unfortunately, this has previously led to a correction and more than once. 📉
‼️ Another unpleasant news related to Bitcoin. Open interest in futures on leading exchanges continues to update historical highs (CryptoQuant).
Even visually, it is easy to understand why this can be bad news. The last time open interest was so high, the uptrend changed.
What are we waiting for?
👍 — growth will continue, however
🔥 — we are waiting for a correction