Bitcoin Open Interest Spike Sparks Exit Talks Among Traders
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币界网报道：Bitcoin open interest has surged to $37.7 billion, nearing its all-time high, sparking concerns among traders about a potential market correction. The significant increase in open interest, particularly on derivatives exchanges like Binance and Bybit, indicates heightened speculative activity. Analysts warn that such spikes often precede sharp price movements, with some predicting a possible "long squeeze" if Bitcoin fails to maintain its current levels. Market sentiment remains cautious as traders debate whether this signals an impending rally or a steep pullback. Meanwhile, Bitcoin's price hovers around $70,000, with volatility expected to rise amid the growing open interest and leveraged positions.
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