Bitcoin and Altcoins Signal Market Warning Signs Like December 2024

Crypto market analysts are sounding the alarm, warning that Bitcoin and altcoins are exhibiting indicators reminiscent of a potential market correction similar to the one seen in late 2024. Institutional buying activity is driving this trend, with open interest (OI) for both Bitcoin and major altcoins showing signs of increasing volatility. This surge in OI signals elevated levels of trading activity, potentially leading to substantial market swings that could impact both retail and institutional traders.