Bitcoin Derivatives Market Update

➡️ Short-term Snapshot:

- Price, funding rate, and open interest on the rise – bullish vibes among traders!

- Caution advised: Potential long squeeze today if CVD Spot indicates low demand.

➡️ Movement Update:

- Perp driving current momentum.

➡️ Key Insights:

- High-leverage longs in anticipation of liquidation.

Stay vigilant and trade wisely

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