Technically, the top and bottom of the range are what really matter.
Take this current example: U.S. spot Bitcoin and Ethereum ETFs have seen nearly $1 billion in combined net outflows in October, with ETH ETFs recording outflows for 8 consecutive days.
Whether open interest is rising or falling can show how leveraged traders are positioned.
$BTC .
#BTC
DYOR, and participate responsibly.
Take this current example: U.S. spot Bitcoin and Ethereum ETFs have seen nearly $1 billion in combined net outflows in October, with ETH ETFs recording outflows for 8 consecutive days.
Whether open interest is rising or falling can show how leveraged traders are positioned.
$BTC .
#BTC
DYOR, and participate responsibly.