Bitcoin price action decouples from stock markets, but not in a good way
Conflicting Bitcoin derivatives data shows leverage traders bullish, while pro traders fear a deeper correction below $29,000. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
Conflicting Bitcoin derivatives data shows leverage traders bullish, while pro traders fear a deeper correction below $29,000. Go to Source Powered by WPeMatico
ETH derivatives metrics and technical analysis point toward further downside for Ethereum price. Go to Source Powered by WPeMatico
BTC is in a lengthy downtrend but three key price metrics explain why traders are confident that the $38,000 level will hold. Go to Source Powered by WPeMatico
Bitcoin options markets are pricing further downside while margin traders are going increasingly long. Go to Source Powered by WPeMatico
Regulatory uncertainty, potential competition from tech giants and a market nearing exhaustion are all factors impacting ETH price. Go to Source Powered by WPeMatico
BTC price took a sharp tumble below a key support level, but data shows April 6’s dip could be another buying opportunity for bulls. Go to Source Powered by WPeMatico
ETH price has shown a strong recovery since bottoming at $2,500, but derivatives data suggests pro traders are moving with caution. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
Traders who believe ETH will recover but unlikely surpass $3,800 ahead of May can benefit from the skewed iron condor strategy. Go to Source Powered by WPeMatico
BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments. Go to Source Powered by WPeMatico