Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence
The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers.
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The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers.
BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears.
BTC price is in a freefall and data suggests bears plan to keep the price below $30,000 until the May 13 options expiry.
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000.
The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed…
Weak retail demand and bearish derivatives data reflect a dismal short-term outlook for the crypto market.
ETH derivatives metrics and technical analysis point toward further downside for Ethereum price.
$735 million in BTC options expire on May 6 and data suggests that the current macroeconomic conditions will continue to favor bears.
BTC is in a lengthy downtrend but three key price metrics explain why traders are confident that the $38,000 level will hold.
BTC price continues to trade in a wide range, providing an opportunity for options traders to use the Iron Condor strategy.