Analysts warn that encryption traders relax on long positions amid uncertainty in the trade war

Open interest in futures in the main cryptocurrencies has decreased sharply, indicating that traders reduce parking against total economic uncertainty.

Crypting dealers expand the scope of long jobs with the uncertainty, with the open interest of future contracts decreased acutely in the midst of the commercial war concerns and the stance of the harsh federal reserve bank. in March 4 In X, Blockchain in Matrixport revealed that Bitcoin (revealed (BTC), Ethereum (Eth), And Solana (TellerFutures have seen a significant decrease in open attention.

It is worth noting that Ethereum’s open interest has returned to the last time seen in the summer of 2024. Despite Trump’s recent tweet about Bitcoin potential strategic reserve and the upcoming White House encryption summit on March 7, the market is still in risk, with participants being exposed. “

Marcus Thynin, an independent analyst

Blockchain notes that many merchants seem to be awaiting clearer signals before the market re -input, with the appearance of the FBI policies.

Warning comes as US President Donald Trump He said 25 % speeds will get goods from Mexico and Canada from March 4, which increases commercial tensions and financial markets.

In late February, Matrixport analysts to caution Bitcoin price can remain under pressure until April due to the strongest US dollar and market dynamics. Although Bitcoin becomes more related to traditional financing, analysts now expect prices to decline until April. After the correction, Bitcoin can try to apostasy to its highest levels.

Matrixport also pointed to the increasing role of Wall Street investors. While wealth and asset managers see Bitcoin as a long -term investment, hedge funds use profit arbitration strategies from Bitcoin fluctuations. For each Matrixport, these hedge funds “collectively possess $ 10 billion of investment funds circulating in Bitcoin, and with total flows of up to $ 39 billion, this indicates that at least 25 % of ETF Bitcoin is linked to arbitration circulation.”