Markets· ★★· bullish·

Glassnode: altcoin-Bitcoin open interest share gap has not reached overheating level

  • Glassnode uses the altcoin-Bitcoin open interest share gap as an overheating indicator
  • Overheating sign is the gap narrowing to a few percentage points
  • This signal is not currently observed
  • Glassnode did not provide specific price targets or liquidation volumes
Why it matters: The absence of an overheating signal means altcoins may still have room to grow without a sharp correction.
Source: TokenPost