Bitcoin’s Ballet: Futures Pirouette, Bulls Bow, Bears Blush 😏💃

Behold, the investors, those eternal optimists, have donned their rose-tinted spectacles once more, entranced by Bitcoin’s latest crescendo. Glassnode, that omniscient oracle of on-chain data, has unveiled a dramatic shift in the Futures Open Interest (OI) metric-a barometer of the derivatives market’s feverish pulse. Lo and behold, it is soaring, a phoenix of bullish sentiment rising from the ashes of skepticism. The masses, ever fickle, are returning to the arena, their convictions as firm as a soufflé in a hurricane.




