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.
Category: Long
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Bitcoin price races toward $27K, but a swift recovery is not confirmed by market data
BTC price recovered quickly from this week’s swing low, but derivatives data hints that a challenging road lies ahead.
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Bitcoin, gold and the debt ceiling — Does something have to give?
Traders are still tiptoeing around markets as multiple risk events remain at the forefront, but BTC margin and futures markets are starting to favor a bullish breakout.
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Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback
BTC margin markets and futures’ long-to-short indicator show professional traders unwilling to bet on Bitcoin’s price dropping.
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How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000
The absence of a CME Bitcoin futures premium, unrelenting record-high inflation and investor concerns over the economy are all factors weighing on BTC price.
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Ethereum derivatives data shows pro traders are bearish, but for how long?
The ETH futures premium turned bearish and the network’s TVL dropped 22% from its peak, but how is this impacting pro traders’ sentiment?
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Bitcoin price drops to $39K, but data shows leverage traders dreaming of $50K
Multiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal.
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Pro traders curb their enthusiasm until Ethereum confirms $3,400 as support
ETH price has shown a strong recovery since bottoming at $2,500, but derivatives data suggests pro traders are moving with caution.
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$43K BTC flipping support? Not anytime soon, according to derivative metrics
Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally.
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2 metrics signal traders do not expect $2T crypto market cap anytime soon
Despite only one coin among the top-80 declining over the past week, Tether and futures premiums show a lack of excitement in the market.
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