Bitcoin derivatives show a lack of confidence from bulls
High correlation to stock markets and recession risks limit optimism on the part of BTC investors. Go to Source Powered by WPeMatico
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$1.26B in Ethereum options expire on Friday and bulls are ready to push ETH price higher
Ethereum network developers confirmed September as the date of the upcoming Merge, a move which prompted traders to flip long on ETH. Go to Source Powered by WPeMatico
Ethereum options data show pro traders ready to go long into ETH’s Merge
ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs. Go to Source Powered by WPeMatico
Pro Bitcoin traders are uncomfortable with bullish positions
BTC derivatives used by whales and market makers do not support a continuous price recovery above $24,000. Go to Source Powered by WPeMatico
Bulls or bears? Both have a fair chance in Friday’s Bitcoin options expiry
BTC bulls aim to secure a $235 million profit from Friday’s BTC options expiry, but a downside move below $22,000 could nix this plan. Go to Source Powered by WPeMatico
Bitcoin derivatives data suggests bears will pin BTC below $21K leading in Friday’s options expiry
Bitcoin’s failure to break above $22,000 on July 8 opened room for bears to score a $100 million profit in this week’s options expiry. Go to Source Powered by WPeMatico
2 key Ethereum derivatives metrics suggest that $880 was ETH’s bottom
Data shows Ethereum options traders are less bearish that before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH. Go to Source Powered by WPeMatico
Bitcoin traders expect a ‘generational bottom,’ but BTC derivatives data disagrees
BTC bulls think the bottom is in, but a neutral-to-bearish price formation and the absence of a futures premium contradict their optimism. Go to Source Powered by WPeMatico
Bitcoin’s short-term price prospects slightly improved, but most traders are far from optimistic
Bitcoin’s derivatives metrics reflect slight improvements since the $17,600 low, but whales and market makers continue to price higher risk of another breakdown. Go to Source Powered by WPeMatico
Here’s how pro traders could use Bitcoin options to buy the $20K BTC dip
Predicting a market bottom is pretty much impossible, but clever traders use options strategies like the Iron Condor setup to target a particular trading price range. Go to Source Powered by WPeMatico
