Bitcoin’s Ballet of Bulls: A Leveraged Waltz to $90K? đđș
Glassnode, that arbiter of on-chain elegance, informs us that Bitcoinâs Monday morning surge has been accompanied by a spike in perpetual futures Open Interest. đ¶ïž âOpen Interest,â my dear, is but a fancy term for the total amount of BTC positions left ajar on derivatives exchanges. When it rises, as it has from 304,000 BTC to 310,000 BTC, it suggests that investors are opening fresh positions-a 2% increase, scarcely worth a raised eyebrow, yet enough to signal their renewed fervor. đ„




