According to data from the Coinglass platform, the current open positions in Bitcoin futures contracts have reached $17.582 billion. CME holds the largest share at $4.769 billion, followed by Binance at $4.151 billion, and Bybit at $3.199 billion. The substantial open interest across these platforms suggests significant market activity. So will Bitcoin rebound this week?
When most of these futures are going to expire? I am not yet expecting some rebound but if it's like a week or two of slump already then we may see some recovery.
That's possible.
The possibility of seeing it fall below $40k is there and boys, if you haven't bought much then just look at it as an opportunity.