🚨 The majors are bleeding and open interest is deflating 👀
BTC 72.8K (-1.4%), ETH 2018 (-1.6%), SOL 82 (-1.7%) in 24h. And BTC OI is down 1.9%, ETH 1.3%, SOL 2.6%. In other words: it’s not people coming in to buy the dip; it’s people closing positions 😭
📊 When price falls and OI falls, the market is clearing out, not betting. No euphoria or panic, just pure, dark boredom. Me watching from the sidelines with my cold coffee.
Who thinks $BTC bounces before $ETH and $SOL ? 🫶
#CryptoTrading #BinanceSquare #Altcoins #Bitcoin
BTC 72.8K (-1.4%), ETH 2018 (-1.6%), SOL 82 (-1.7%) in 24h. And BTC OI is down 1.9%, ETH 1.3%, SOL 2.6%. In other words: it’s not people coming in to buy the dip; it’s people closing positions 😭
📊 When price falls and OI falls, the market is clearing out, not betting. No euphoria or panic, just pure, dark boredom. Me watching from the sidelines with my cold coffee.
Who thinks $BTC bounces before $ETH and $SOL ? 🫶
#CryptoTrading #BinanceSquare #Altcoins #Bitcoin
