Headline: Why is the Market Green Today? 🚀
We just saw a massive $4 Billion surge in Open Interest for $BTC and $ETH!
📊 The Reason: The announcement of a two-week U.S.-Iran ceasefire has flipped the market sentiment from bearish to Bullish. Traders are opening new "Long" positions aggressively.
💡 My View: The "Fear" is leaving the market. I’m watching $BTC to see if it can turn the $72,000 resistance into support.
Are you Long or Short after the ceasefire news?