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 $3.199 billion. The substantial open interest across these platforms suggests significant market activity. So will Bitcoin rebound this week?
Most people know that the market is unpredictable, and no one can predict what will happen in the current market as well. Although we are coming and getting closer to the halving events themselves,
But even so, of course, we still have to prepare for it. As I expected Bitcoin to drop at 38k$ something, my analysis did happen a few weeks ago, and last night it dropped 38k$ plus, and now it has bounced a little, which means it may bounce from the day this until next week for sure.