X @Wu Blockchain

Market Liquidity & Open Interest - QCP indicates weakening liquidity before Christmas and year-end deleveraging is keeping BTC range-bound [1] - BTC perpetual open interest decreased by approximately $3 billion [1] - ETH perpetual open interest decreased by approximately $2 billion [1] Market Volatility & Outlook - Year-end tax-loss selling may increase near-term volatility [1] - Absent a clear breakout, the market is likely to remain choppy into year-end [1]