Glassnode: Bitcoin Futures Open Interest data shows that speculative interest is decreasing, as traders close their positions due to market uncertainty

BlockBeats News, January 9th, Glassnode posted on X platform stating: "BTC Futures Open Interest (OI) has shown a decline in speculative momentum. The mid-term trendline (30-day SMA) has peaked and is now slightly declining, while the short-term trendline (7-day SMA) has dropped below it. This indicates that traders have been closing their positions due to market uncertainty."