TechFlow news, December 22 — According to the latest data from Glassnode, as Bitcoin's price returns above $90,000, leveraged long positions in the market are noticeably increasing. The open interest in perpetual contracts has risen from 304,000 to 310,000 Bitcoin, an increase of about 2%, while funding rates have climbed from 0.04% to 0.09%. This combination of signals indicates that traders are positioning themselves for potential year-end market movements, reflecting a shift toward optimistic market sentiment. Analysts believe the simultaneous rise in funding rates and open interest reflects growing bullish sentiment regarding the short-term market outlook.
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