source avatarCryptoBlinkov-

Share

$BTC Pay attention to the Open Interest (OI) chart - this is the current Bitcoin data. I can see that as of today the numbers are slightly overheated. At the current price of $75K, the Open Interest is showing levels that would normally correspond to $94K–$95K. Usually when we see this kind of divergence, a correction of 2,000–3,000 follows. Let’s see how it plays out this time - leverage is clearly overheated here. #BTC #BTCUSDT

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.