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.
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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.
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.
Is the bottom in? Data shows Bitcoin derivatives entering the ‘capitulation’ zone
A key risk indicator for BTC options hit its highest level in six months, possibly signaling that $32,930 was the bottom.
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.
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.
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.
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.
Data shows pro traders are currently more bullish on Ethereum than Bitcoin
ETH has outperformed BTC by more than 230% this year and derivatives data suggests traders believe the altcoin has a lot more upside.
Bitcoin has stalled, but here’s why pro traders still expect $80K by January
Bitcoin price is hitting resistance while trading 7.75% below its all-time high, but derivatives data shows pro traders are still aiming for $80,000 by January.