Bitget App
Trade smarter
Glassnode: Data on unliquidated Bitcoin futures contracts shows that speculative momentum is declining
Bitget2025/01/09 14:30
Glassnode posted on the X platform that BTC futures open interest (OI) shows a decline in speculative momentum. The medium-term trend line (30-day SMA) has reached its peak and is now slightly declining, while the short-term trend line (7-day SMA) has fallen below it. This suggests that traders have closed their positions to deal with uncertain market conditions.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Fold Holdings increases its holdings by 32 bitcoins, bringing the total to 1,526 bitcoins
ForesightNews•2025/11/12 10:33
Ontology community passes proposal to adjust ONG token economic model
ForesightNews•2025/11/12 10:32
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$104,848.28
-0.42%
Ethereum
ETH
$3,545.19
-0.90%
Tether USDt
USDT
$1
+0.03%
XRP
XRP
$2.43
-1.23%
BNB
BNB
$970.95
-1.03%
Solana
SOL
$160.07
-2.31%
USDC
USDC
$1
+0.02%
TRON
TRX
$0.2999
+0.36%
Dogecoin
DOGE
$0.1765
-0.83%
Cardano
ADA
$0.5733
-1.48%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now