Very Dangerous Setup for Bitcoin 🚨



Bitcoin open interest is near yearly highs while Coinbase premium stays flat.

Late longs are piling in but spot demand isn’t following.

This usually ends very badly.
$BTC #BTC

$BTC
BTC1.06%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin