Carl Moon Predicts Bitcoin Market Will Enter a New Bull Run

According to Twitter user Carl Moon, the recent market adjustment is crucial for the Bitcoin market. Bitcoin has been on a continuous rise over the past few weeks, attracting a significant amount of leveraged funds. However, in the last 48 hours, most of the leverage has been cleared, and the current market condition appears very healthy. Carl Moon expects that buyers will soon enter the market, driving it into a new bull run. As shown in the attached image, the number of open contracts for BTCUSDT on the Binance futures market has dropped to 262,620 contracts.

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