According to data tracked by Coinglass and Velo Data, since the Asian early trading session, Binance's BTC-USDT futures open interest has increased by approximately 7,000 BTC ($614.6 million). Additionally, Binance's funding rate has remained positive, indicating investors' preference for leveraged bullish positions. Furthermore, the total network Bitcoin futures open interest is 65,710 BTC (approximately $57.56 billion), with a 24-hour increase of 9.31%, rebounding by about 25% from last week's low point of around $46 billion. The significant increase in open interest suggests that Bitcoin traders are abandoning a wait-and-see attitude and entering the market, with increased market demand indicating potential significant price volatility. (CoinDesk)