Bitcoin has been moving around the $73,000 level recently, and there is a cautious atmosphere in the market. Due to rising interest rates, investors seem to be acting a bit more cautiously. Although the price has surpassed $70,000, it still does not signal a strong upward trend. Looking at volume units, we can say that buyers are not fully taking aggressive positions. The market currently feels like it is in a waiting position to me. Since open interest levels remain high, many traders are acting with the risk of a decline in mind. It seems important whether these levels will hold in the coming days. In the short term, Bitcoin may continue to fluctuate between $70,000 and $75,000.

BTC-0,26%
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