Open BTC Futures Bets Surge by $1B on Binance Amid Bearish Candlestick Signal, Experts Weigh in on Market Trends
Bitcoin has dropped below $92,000 after a recent surge, marking a significant decline from $96,000. This decrease coincides with a notable increase in open futures positions on Binance, suggesting a rise in bearish sentiment as traders likely opened short positions, anticipating further declines. The cumulative volume delta indicates that selling pressure is surpassing buying activity. ...