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Bitcoin’s Price Test – Will $98K Support Hold Amid Growing Caution?
As the digital currency market continues to navigate a tumultuous landscape, Bitcoin’s recent price action has become increasingly complex. While it remains above the critical short-term holder realized price of $98,300, deeper market signals suggest growing caution among traders.
A sustained decline in the 180-day open interest delta – now in negative territory – indicates that leveraged traders are stepping back from their positions, a phenomenon observed during major downturns in the past.
Source: ambcrypto.com
