Bitcoin’s recent gains have traders calling a bottom, but various metrics remain bearish
The total crypto market capitalization recovered roughly 5%, but a variety of trading metrics show investors are skeptical about the rally being a trend change.
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The total crypto market capitalization recovered roughly 5%, but a variety of trading metrics show investors are skeptical about the rally being a trend change.
Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support.
The discussion of FTX.US’s proposal for non-intermediated margined products clearing highlighted unknown factors and need for more regulatory framework.
Crumbling tech stock prices, declining DApp use and bearish derivatives data continue to pin ETH price below $2,000.
A slight improvement in equities markets and the resilience of a few key BTC price metrics are giving bulls hope of a reversal.
Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors.
SOL price has been repeatedly knocked down by network outages, a shrinking total value locked on the network and futures traders’ disinterest in trading the altcoin.
ETH bulls are aiming to flip $2,000 back to support, but these two metrics point toward further downside.
The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers.
Chief financial officer André Milanez said that the product will launch within the next 6 months.