BTC Things are starting to look better. Yesterday’s correction was driven by aggressive selling from both perps and spot, but that pressure has now started to fade. Spot selling has slowed down significantly, while open interest continues to cool off. This suggests that some of the leveraged positions are being closed while spot selling pressure is starting to decrease. BTC also remains at a strong support level, so if spot demand continues to recover from here, I believe we could see another bounce.(Max Trades)