Bitcoin Holds $81K Amid Flat Derivatives
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Bitcoin rallied toward $82,000, but derivatives markets remain flat, signaling a lack of conviction among traders. Funding rates and open interest have not surged, suggesting the move is driven by spot buying rather than leveraged speculation. For the rally to sustain, derivatives metrics need to show renewed bullish momentum, such as rising funding rates or increasing open interest. Without this, the current price action may be vulnerable to a pullback. Traders should monitor these indicators closely to gauge market strength.
Read full article on CoinTelegraph
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