#Bitcoin ( $BTC ) Current Overview:
1⃣ Funding Rate: Funding rate is currently negative.
2⃣ Open Interest: Open interest is on downward trend
3⃣ Long Liquidation: Massive long liquidations.
4⃣ Trading Volume: Trading volume is not showing positive signs.
5⃣ Price Action: The current Price action is bearish.
Note: Be cautious and thoroughly evaluate these indicators before opening a long position with high leverage.
Twitter@CryptoPatel|10:21 AM - May 3, 2024
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