Glassnode notes that Bitcoin futures open interest has stayed muted since October’s big leverage flush, with little sign of fresh speculative build-up.
Derivatives activity has slowed sharply a clear reflection of the quiet mood across the market right now.
Feels like the market’s still in reset mode, waiting for conviction to return. Sometimes that silence builds the base for the next real move. $BTC #Bitcoin
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Glassnode notes that Bitcoin futures open interest has stayed muted since October’s big leverage flush, with little sign of fresh speculative build-up.
Derivatives activity has slowed sharply a clear reflection of the quiet mood across the market right now.
Feels like the market’s still in reset mode, waiting for conviction to return. Sometimes that silence builds the base for the next real move.
$BTC
#Bitcoin