I noticed that Bitcoin has been hovering around $81K for several days, but volatility has decreased significantly. There used to be much more fluctuations, and now it feels calmer somehow. Interestingly, traders in the derivatives markets are clearly reducing their leverage — this is evident from the decrease in positions.



It seems that after a prolonged rise, everyone has become a bit more cautious. There is less aggression in the derivatives market than before. Maybe they are waiting for some news or simply locking in profits. The market has become somewhat more cautious.

In any case, $81K — this is still a strong position for Bitcoin. Just now, people are less eager, waiting more for signals.
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