Open interest in $BTC across crypto derivatives exchanges has surged to $10 billion, a five-month high after leverage subsided in the wake of FTXOfficial's collapse in November, according to data from coinalyzetool.
A rise in open interest, which is a metric that assesses the value of all unsettled derivatives positions, alongside an increase in price is often used to confirm the legitimacy of a move. At the time of writing, bitcoin was trading at around $30,000 after it surged to a 10-month high of $30,540 on Tuesday.
"We think this move is driven by technicals, BTC broke a major resistance at $28.5k and rebounded on its 2023 bullish trendline," Touag said. "For now, we do not see signs of extreme exuberance; indeed, the fear and greed index is at 61, funding rates are still negative on many exchanges for BTC while short-sellers did not capitulate yet. We will monitor these metrics to predict a potential trend reversal."
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
HashKey Group Unveils Upgraded OTC Trading Platform and Game-Changing Wealth Management Business | HackerNoonHashKey Wealth is a new wealth management platform introduced by HashKey Group, a leading Asian digital asset financial services provider. - blockchain technology
続きを読む »
Vast San Jose ranch owned by China-based firm may land local buyersA vast San Jose ranch owned by a China-based real estate firm is on the verge of being bought by local investors.
続きを読む »
Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading DebutThe shares of cloud mining firm BitdeerOfficial, one of the largest bitcoin miners in the world, tumbled at trading debut, after completion of its SPAC deal. egreechee reports
続きを読む »
Citi Posts Surprise Jump in Profit as Rate Moves Fuel TradingCitigroup Inc. posted a surprise jump in first-quarter profit after its fixed-income traders delivered a windfall large enough to cover the rising cost of the bank’s souring loans.
続きを読む »
XRP Price Prediction: Trading Legend Henrik Zeberg in for Explosive GrowthTrading guru Henrik Zeberg HenrikZeberg predicts explosive growth for $XRP, $BTC, $ETH and $JASMY xrp bitcoin btc ethereum jasmy xrparmy xrpcommunity ripple
続きを読む »
NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After TakeoverDigital asset investment firm NovaWulfDigital will look to turn a new page with a new company, made up of $2 billion of bankrupt CelsiusNetwork's assets, that will have tradable tokenized equity. egreechee reports
続きを読む »