Bitcoin Positioning Hits 4-Month High as Traders Ramp Up Leverage
Bitcoin Positioning Index climbed to 40.1, whereas its 30-day easy shifting common (SMA-30d) rose to 4.5, which represents a four-month high. At the identical time, the 30-day change in open curiosity (OI) elevated by 14.5%, one of many strongest readings recorded over the previous 120 days. Both indicators counsel rising risk-taking conduct, as market individuals…
