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?
For now the issue of rebound is left for the market force to decide, anything more than that is either mere prediction or market speculation which is not healthy for a bitcoiner, people were expecting the price to go up when the news of ETF approval break out but it was a different case, after the approval a week later the price went down for a reason I don't know, but may be some investors has started thinking that Bitcoin might reach the level of being controlled by government which no one can tell for now, but I know for certain that there is something fishy which might unfold itself very soon, we keep watching to see.