The cryptocurrency market has experienced a dip this week, with Cardano (ADA) losing 5.5% of its value to reach around $0.71. Despite the downward trend, YouTuber ‘LuckSide Crypto’ highlighted interesting market dynamics in his latest video analysis. He observed a notable shift in crypto market dynamics after Bitcoin started breaking out from its long-term trend over the weekend, but warned against premature calls for a full breakout. While Bitcoin reached a high of $10.44, ADA continues to struggle, breaking above its trading range briefly before failing to sustain upward momentum. However, LuckSide Crypto noticed a significant increase in open interest – from $800 million for Bitcoin and $35 million for Cardano. This suggests many traders, particularly short sellers, were voluntarily closing their positions, signaling potential positive price movement ahead.