CryptoOnchain
Derivatives market: Open Interest (OI) decrease, and increase in short positions in the market: Uncertainty about the future of the market
The market is experiencing an Open Interest (OI) decrease, while a look at the "taker buy to sell position" chart indicates an increase in short trades. This reflects the sentiment of derivative market traders regarding the future. Uncertainty about the future of the market, along with a relative increase in bearish market expectations.