PANews reported on April 22 that CryptoQuant analyst Darkfost pointed out that the current market has seen the largest increase in 24-hour open interest in recent times. Historically, derivatives-driven increases have generally lacked sustainability. During the strong bull market phases in November and December 2024, open interest increased by 16% and 15%, respectively, when the positive momentum in the spot market was supported by strong activity in the derivatives market. However, this time the price rose only 4.2%, while similar past events had led to price increases of 10% and 7%, respectively. This difference shows that the current selling pressure in the market is still strong.