What's the Status of Bitcoin?
Additionally, if you look at the visual I left, we said that the rise I showed with the green arrow came mainly due to Long transactions opened on the futures side, and the purchasing power on the spot side did not follow the transactions on the futures side.
If you look at the part in the image showing the number of futures transactions (candles at the bottom), we see that almost all of the transactions opened with the mentioned rise have been closed, that is, they have reached the level before the rise.
Players on the futures side started taking transactions twice from the places I marked with the green circle. Since it is the weekend, they may want to increase the market again with futures transactions. We will keep an eye on the transactions opened this way.
Via: CryptoPNZ