BTC Estimatied Leverage Ratio increases, volatility is imminent

BTC-Estimatied-Leverage-Ratio-increases-volatility-is-imminent

#BTC Estimatied Leverage Ratio have reached their maximum and outstanding Open Interest are also rising.

In particular, the Estimatied Leverage Ratio has risen significantly because the BTC Exchange Reserve(Derivatives) have decreased and Open Interest have risen.
(Estimatied Leverage Ratio = Open Interest/Exchange Reserve)

There have been two major withdrawals on the Derivatives Exchange recently.
· 21,229 BTC withdraw at 14:00(UTC) on September 30 (the highest withdrawal since dumping in June)
·15,683 BTC will be withdraw at 09:00(UTC) on October 5

A decrease in the BTC Exchange Reserve means less pressure to sell, and we can expect a price increase due to supply shocks.

If 20K is broken, it is expected to show an upward trend for the time being. However, it is not a trend increase, but simply a supply and demand factor. In addition, if U.S. companies do not earning well in October, there is a possibility that NASDAQ and crypto will fall.