๐ WHAT HAPPENED IN THE CRYPTO WORLD WHILE YOU SLEPT? ๐ด
โ๏ธ Morning Crypto Update
๐ BTC: +1% โ US$78.3K
๐ต ETH: +1% โ US$2.46K
๐ฃ SOL: +1.5% โ US$105
โซ XRP: +0.4% โ US$1.40
๐ The crypto market recovered by approximately +1% over the last 24 hours.
But thereโs an even more interesting piece of data ๐:
๐ Open interest dropped 16%.
What does that mean?
Thereโs less leverage in the market โ fewer overly speculative positions.
After the strong correction from US$81K, this could be a sign that the market is breathing before the next move.
๐ BTC is still the star.
Todayโs question:
US$80K againโฆ or are we continuing to consolidate?
๐ Which country are you watching this from?
$BTC $ETH $SOL #bitcoin #crypto #MorningUpdate
โ๏ธ Morning Crypto Update
๐ BTC: +1% โ US$78.3K
๐ต ETH: +1% โ US$2.46K
๐ฃ SOL: +1.5% โ US$105
โซ XRP: +0.4% โ US$1.40
๐ The crypto market recovered by approximately +1% over the last 24 hours.
But thereโs an even more interesting piece of data ๐:
๐ Open interest dropped 16%.
What does that mean?
Thereโs less leverage in the market โ fewer overly speculative positions.
After the strong correction from US$81K, this could be a sign that the market is breathing before the next move.
๐ BTC is still the star.
Todayโs question:
US$80K againโฆ or are we continuing to consolidate?
๐ Which country are you watching this from?
$BTC $ETH $SOL #bitcoin #crypto #MorningUpdate