Bitcoin’s weekend rally fizzles under $64K — Pro traders take neutral positions
Professional Bitcoin traders have yet to hop on the wagon after BTC’s weekend rally. Cointelegraph explains why.
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Professional Bitcoin traders have yet to hop on the wagon after BTC’s weekend rally. Cointelegraph explains why.
It’s part of the fallout from the industry-wide liquidity crunch triggered by FTX in 2022.
Total open interest on Bitcoin futures hit $29 billion on Aug. 16 despite a decline in Bitcoin’s price.
Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.
Bitcoin price declines as stablecoin and futures market data show declining confidence among traders.
Ethereum derivatives metrics show increased activity, indicating higher interest but not necessarily a bullish trend.
Leveraged Bitcoin ETFs are popular, but they often massively underperform the alternatives for crypto futures trading.
ETH price dropped to a multi-month low but ETH derivatives data suggests that traders believe the correction is over.
Bitcoin bulls expectations of $50,000 and higher remain feasible according to BTC futures and options markets. Bitcoin (BTC) price continues to trade below its 2023 […]
Data shows top traders futures’ Bitcoin long-to-short at the lowest level in 30 days, but what does this mean for BTC’s short-term price action. Bitcoin […]
