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Bitcoin & Ethereum Open Interest (OI) And Funding Rates Signals Bullish 2024 Start

After $11 billion in annual options delivery on Friday, Bitcoin and Ethereum are expected to close the year below $44,000 and $2400 levels. As BTC and ETH continued to rally this year due to rising open interests (OI), a record rise in funding rates stalled the rally at the end of the year. Sentiment Result : Negative

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Bitcoin & Ethereum Open Interest (OI) And Funding Rates Signals Bullish 2024 Start

After $11 billion in annual options delivery on Friday, Bitcoin and Ethereum are expected to close the year below $44,000 and $2400 levels. As BTC and ETH continued to rally this year due to rising open interests (OI), a record rise in funding rates stalled the rally at the end of the year.


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This article is for informational purposes only and does not constitute financial advice.