Citing a report by Cointelegraph on Sep. 15, the price of Bitcoin increased by 3% in the last 24 hours from $10,322 to $10,680. But BTC still faces a significant resistance level around $11,000 and has seen low volatility since Sep. 3. The declining open interest of the futures market and the stagnant spot market volume raise the probability of low volatility. The aggregated open interest of the Bitcoin futures market declined from $5.7 billion to $3.8 billion in the past month. The data from Skew shows open interest, which refers to all long and short positions in the market, has stayed stagnant. The spot volume of Bitcoin shows a similar trend. The spot volume of Bitcoin remained below $500 million for most of the past month.