Bitcoin’s recent price surge isn’t the only story—its open interest (OI) has skyrocketed by $2 billion in the last 24 hours. This dramatic increase shows a rise in trading activity and more investor interest in the leading cryptocurrency. Open interest reflects the number of active contracts in Bitcoin’s futures and options markets. A boost in OI typically signals rising expectations for volatility and more participation. Despite the surge, funding rates remain low, indicating a balanced market sentiment. As Bitcoin trades at around $102,500, traders are waiting for clear direction. A break above resistance could push Bitcoin to $110,000, but a pullback to $87,000 is also a possibility.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed