2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K
The entire crypto market is green today, and derivatives metrics suggest that BTC’s bullish reversal will flip $40,000 back to support. Go to Source Powered by WPeMatico
Perpetual
Auto Added by WPeMatico
Data suggests traders view $46,000 as Bitcoin’s final line in the sand
BTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up. Go to Source Powered by WPeMatico
Bitcoin and altcoins took a hit, but derivatives data reflects a calmer market
BTC and altcoins took a beating over the weekend, but data shows a market with healthier trading conditions, even if prices consolidate for the foreseeable future. Go to Source Powered by WPeMatico
Ethereum approaches a new ATH, but derivatives data reflects mixed emotions
Ethereum price appears en-route to a new all-time high, but data shows retail and pro investors are slightly skeptical about the current rally. Go to Source Powered by WPeMatico
Data shows Polkadot crashes after reaching $1B open interest — Will it happen again?
DOT price crashed both times after its futures open interest clipped $1 billion. Should traders expect a correction now that OI is over this figure? Go to Source Powered by WPeMatico
What Bitcoin correction? BTC price holds $55K despite several bearish indicators
Bitcoin price refuses to pull back despite Bollinger Bands and Fear and Greed pointing to an overheated rally. Go to Source Powered by WPeMatico
Signs of fear emerge as Ethereum price drops below $3,000 again
Traders have yet to flip bearish on Ether price, but the recurrent drops below $3,000 increase the likelihood of a sentiment flip. Go to Source Powered by WPeMatico
Is Bitcoin nearing another Black Thursday crash? Here’s what BTC derivatives suggest
Traders are afraid another Black Thursday crash is on the cards, but derivatives data proves the current correction has no resemblance to the March 2020 pullback. Go to Source Powered by WPeMatico
