Bitcoin traders say $34K was the bottom, but data says it’s too early to tell
Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets. Go to Source Powered by WPeMatico
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Ethereum price holds above $3K but network data suggests bulls may get trapped
ETH price just broke from a long-term descending channel, but on-chain data still points to a few bearish catalysts. Go to Source Powered by WPeMatico
Crypto derivatives data signals improving investor sentiment and a possible trend reversal
Money is trickling back into the crypto market and derivatives data suggests that investor confidence is improving as the market forms a bottom. Go to Source Powered by WPeMatico
Is the bottom in? Data shows Bitcoin derivatives entering the ‘capitulation’ zone
A key risk indicator for BTC options hit its highest level in 6 months, possibly signaling that $32,930 was the bottom. Go to Source Powered by WPeMatico
A key Ethereum price metric hits a 6 month low as ETH falls below $3K
ETH price has been in a downtrend for 3 months, and derivatives data shows pro traders are almost ready to throw in the towel. Go to Source Powered by WPeMatico
2 key Bitcoin trading indicators suggest BTC is ready for a 62% upside move
BTC derivatives metrics currently mirror late-September readings which preceded a strong 62% move in Bitcoin price. Go to Source Powered by WPeMatico
Bitcoin price can’t find its footing, but BTC fundamentals inspire confidence in traders
Data shows traders still feel confident about BTC price because the futures premium and other fundamentals show no signs of stress. Go to Source Powered by WPeMatico
Bitcoin price bounces to $41.5K, but derivatives data shows traders lack confidence
Key BTC trading metrics are sitting on the edge of the “worst outcome” scenario, suggesting that the current sell-off is far from over. Go to Source Powered by WPeMatico
Ether drops below $3,800, but traders are unwilling to short at current levels
Ethereum network saw a nine-fold increase in its smart contract deposits, but a descending channel continues to pressure the price. Go to Source Powered by WPeMatico
Crypto regulation is coming, but Bitcoin traders are still buying the dip
The premium on CME Bitcoin futures dropped to zero, but data shows pro traders are still bullish. Go to Source Powered by WPeMatico
