Optimism (OP) has experienced increased trader demand, evidenced by a rise in Open Interest, up 18.14% to 194.92 million USD. Despite positive market conditions, whale sales are notable, and liquidity around $0.61 remains a key resistance point.
Daily active addresses have increased by 6.66%, signaling a return of retail investors. The recent volatility at the $0.61 resistance highlights the potential for either a breakout or significant corrections if broken.
Leave a Reply