
Crypto
Bitcoin reclaims $90,000, but risk of U.S. trading day awaits
Key Takeaways (30s Read)
Bitcoin has reclaimed $90,000, with futures open interest rising steadily as it approaches $60 billion.
Bitcoin's reclaiming of $90,000 is a significant milestone for the cryptocurrency market. Recent liquidity has surged, with Bitcoin futures open interest reaching $60 billion across major exchanges. This figure reflects a bullish trend in the market, indicating investor optimism. However, as the U.S. trading day approaches, traders need to be cautious of potential volatility. The recovery above $90,000 serves as a positive signal, but attention should be paid to developments in the U.S. trading environment.
AI Analyst
AI Opinion
"Bitcoin's recovery above $90,000 signals a bullish trend in the cryptocurrency market. The increase in open interest in the futures market suggests rising investor demand, but volatility may arise depending on U.S. market conditions, making risk management essential. It is important for traders to monitor key technical levels while positioning their trades. Additionally, macroeconomic data and political events in the U.S. could significantly impact market sentiment, highlighting the need for vigilance in a potentially shifting landscape."
RECOMMENDED BROKER Trusted Broker
Maximize This Opportunity.
Turn AI-detected market inefficiencies into profit with industry-leading specs. There's a reason pros choose Exness.
Raw Spreads
0.0 pips~
Leverage
Unlimited
Execution
Instant
AI Market Analysis Team
Combining advanced AI algorithms with professional trader insights. We analyze market drivers 24/7 to provide objective trading scenarios.
USDJPY
EURUSD