In August, the Bitcoin Futures Power index fell to zero after a series of positive values that had previously accompanied the rise of BTC. This reflects a slowdown in the dynamics of the futures market, taking into account the cumulative influence of open interest, funding rates, and the imbalance of taker orders.
At the current price, close to ATH, the neutral value of the index increases the likelihood of it transitioning into the negative zone, which has historically been accompanied by a market correction
#BTC# .