Bitcoin price surges, but derivatives metrics reflect pro trader’s neutral sentiment
BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet.
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BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet.
Despite only one coin among the top-80 declining over the past week, Tether and futures premiums show a lack of excitement in the market.
Proof-of-work mining escaped severe regulatory pressure, but crypto derivatives and CNY Tether premium show investors' lack of excitement.
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.
ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end.
The entire crypto market is green today, and derivatives metrics suggest that BTC's bullish reversal will flip $40,000 back to support.
Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets.
Investors air their thoughts as to why the SEC should approve the conversion of Grayscale’s BTC Trust into a spot ETF.
INJ books a 100%+ gain shortly after the release of the Injective Bridge v2 and the launch of DEX-based perpetual futures for ATOM.
BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders.