🚀 Bitcoin Breaks $90K: Glassnode Reports Surging Bullish Leverage!

Glassnode's latest report highlights Bitcoin's impressive surge past the $90,000 milestone. This significant price action is now accompanied by a notable increase in bullish leverage across the market.

Key indicators, including rising open interest and funding rates in perpetual contracts, are signaling this trend. Such data suggests traders are actively accumulating leveraged long positions.

This behavior points towards a growing bullish sentiment, with market participants anticipating potential end-of-year volatility and further upside. 📈