Many cryptocurrency traders only follow crypto news, but the macro environment is actually the key to overall direction. Nasdaq: 21,648 BTC: $69,179 Focus on derivatives data for direction. Back to derivatives data: Fee rate 0.0037%, 24-hour liquidations $96 million, open interest $401.258 billion (-6.65%). Open interest is decreasing, the market is deleveraging. This is not a suitable time for heavy positions.