Glassnode: With price back above $90K, perpetual open interest has risen from 304K to 310K $BTC (~2% increase), while the funding rate has heated up from 0.04% to 0.09%.
This combination signals a renewed buildup in leveraged long positioning, as perpetual traders position for a potential year-end move.
ATTENTION SIGNAL ALERT 🎄✈️
$IP 🌟
PRICE BOTTOM AREA 📈✅️
PRICE SUPPORT AREA 📈✅️
LONGING POSITION PRESENT 📈✅️
BULLISH VOLUME PRESENT 📈✅️
LONGING 3x - 10x
TP 2 - 2.5 - 3 - 4 - 6++ OPEN
SL5%
IPUSDT
Prep
1.498
-2.66%