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BitcoinOpenInterestFallsToTwoMonthLow
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#bitcoinopeninterestfallstotwomonthlow 🚨 Bitcoin Just Lost the Leverage! 🍋Bitcoin is showing traders something price is going up while leverage is going down. 📉 Open interest fell quickly showing a reduction in borrowed money. 📈 At the time BTC went up more than 23% getting closer to the $77K–$79K area. 💰 The main sign? This move seems to be based on real money, not too much borrowed money. 🔥 Around $3B in short covering and liquidations** helped make the market better. Less leverage can lower the chance of drops from liquidations and help build a stronger base for the next move. Traders need to keep an eye on funding rates ETF movements and big economic news. Do you think Bitcoin’s change in leverage is getting the market ready, for another move higher? 👀 #BTC #cryptotrading #Khan62 #CryptoMarket $BTC $ETH $SOL
Khan 62
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BitcoinRises23.6%Weekly
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AIHardwareStocksFallPreMarketAAOIDown11.66%
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