$BTC Rose 3.6% above the 200-day average, but faces a historical downside risk of 12.4% over 90 days. Markets are nearing the CPI release on November 10, with Bitcoin (BTC) data showing a 1.9% decline in open interest to $7.31 billion. The data indicate that the long-to-short ratio among top traders is 2.09, with a slight dominance of aggressive buying at 51.0% of spot trading volume. These factors place the coin within a statistical volatility range of 68,523 to 83,999 ahead of the anticipated economic event. The data point to caution as traders await potential volatility. #BTC #CPI

Source: Public Binance data. Not financial advice.