[Possibility of short-term rise in BTC]

Possibility-of-short-term-rise-in-BTC

BTC Reserve on the spot exchange has decreased, while the reserve of BTC on the derivative exchange has increased.

In addition, the index also rose in the index of Open Interest and Estimated Leverage Ratio.

This means that we are focusing on derivative and leverage trade rather than spot trading, and that price volatility may increase.

In addition, if the size of BTC Exchange Reserves increases on the SPOT exchange, it is interpreted as selling pressure, but the rise in BTC on the derivatives exchange cannot be interpreted only as selling pressure.
Because it can be used for derivative trading

since there is a stock performance announcement season in October, the rise in the stock market may affect the crypto market.

However, if the FOMC rate is announced in November, the dollar index may rise again, so you should be careful about this.