abramchart2023-07-18

Buyers have turned into sellers

In the recent short-term period for Bitcoin. We can observe that as the open interest increases, the price of Bitcoin also rises, indicating that bulls have been dominating the derivatives market. However, the situation has changed now! The number of open interest is increasing, followed by a market downturn. Have the bears returned once again? In any case, it is advisable to exercise caution in the current area.