Bitcoin Open Interest & Futures Basis! Back to Key Levels 📊
$BTC open interest on both centralized exchanges (CEXes) and the CME has returned to pre-election levels. Not just that futures basis on both platforms has also reset to pre-ETF levels.
What does this mean! The market is stabilizing, resetting to where it was before major catalysts like the ETF hype and election-driven volatility. This could be a sign of fresh positioning and renewed momentum ahead... 🚀
Are we gearing up for the next big move! 👀

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