Cardano has witnessed an 88% rise in its price, marking a significant rally. Despite concerns of a possible market correction due to high open interest levels, strong market demand indicates the bullish trend might persist.
Though the impressive rally draws interest, investors are wary of a potential sharp sell-off due to these record high open interest metrics. The current market dynamics leave room for both optimism and caution.
Sursă: cointelegraph.com ↗