Binance's open interest (OI) hit an all-time high of $8.3 billion, accounting for 35% of global futures positions. The surge may signal increased market volatility and potential liquidations. Binance's native token, BNB, also saw price movements, reaching $610 before a slight pullback.
Ethereum's futures market shows optimism with positive funding rates, indicating bullish sentiment. Analyst 'ShayanBTC' highlights the need for higher rates for a sustained rally. Despite recent price corrections, the asset shows recovery potential. Javon Marks predicts a 75% price rise based on bullish patterns, aiming for a $4,811.6 target.
BONK's recent 50% price surge is likely to face a correction. Market indicators show potential buyer exhaustion and a possible 40% price drop as open interest and RSI levels signal overheating.
Futures traders now expect a 25 basis point Fed rate cut in September, reversing previous predictions of a 50 basis point reduction.
Binance Futures announces new altcoin listings, sharing details with its users.
Binance Coin (BNB) traders favoring long positions face potential liquidation amid ongoing price declines, with BNB dropping 7% over the past week. Falling RSI and negative bull-bear index indicate further bearish trends.
Nvidia's earnings report impacts the crypto market, including XRP, whose decline mirrors sharp drops in futures market metrics.
Polkadot [DOT] is hinting at a major breakout due to a consolidation within a falling wedge pattern, spurred by increased trader confidence and market sentiment.
Polkadot's downtrend might continue as the $3.6 support is at risk due to dwindling market confidence despite a brief spot CVD bounce.
Ethereum Classic (ETC) price plunges to $20 support level amid $800K liquidations in the futures market.
Solana price rose by 6% on July 26, aiming to surpass $200 resistance due to factors like inflation and futures market.
Bitcoin Cash's (BCH) value continues to decline, but on-chain metrics suggest it's currently undervalued, presenting a buying opportunity. Despite this, futures traders remain skeptical, with negative funding rates indicating bearish sentiment.
Shiba Inu saw a 13% price increase, liquidating many short positions in the futures market.
La valeur du jeton natif de Celestia, TIA, a récemment chuté à des niveaux vus pour la dernière fois en novembre 2023, avec une baisse de près de 30% au cours du mois dernier.
Bitcoin’s price surge is driven by strong spot market buying, even as the futures market shows bearish sentiment. Spot Cumulative Volume Delta (CVD) indicates net buying, hinting at a potential clash between optimistic spot traders and bearish futures traders.
Ethereum's price has been consolidating within a range over the past ten days, with futures traders favoring long positions. Technical analysis shows support and resistance levels.
Kaiko's analysis shows hedge funds have net short positions on BTC and ETH futures, reflecting cautiousness in a fluctuating market.
Solana (SOL) experienced a 13% price drop upon exiting an ascending channel on May 20, leading to a spike in long position liquidations in the futures market.
Despite Solana's price decline below $180, long traders in the futures market are still accumulating SOL, indicating optimism for a potential rally despite bearish market sentiment.
The article explores the futures market, focusing on trends and behaviors using the CFTC's Commitment of Traders report. It examines investment patterns in commodities and extrapolates insights to the Bitcoin and Ethereum futures markets.
Bitcoin's recent recovery to $68,500 is analyzed through futures market data to determine if it's a dead-cat bounce. The BTC funding rate remains low, implying the futures market isn't overheating and may support a sustained recovery.
Binance has modified its futures market, ceasing certain contracts and adjusting terms to enhance trading and ensure market integrity.
Bitcoin's drop below $59,000 spurred $120 million in futures liquidations, signaling potential further declines. However, this hasn't indicated full market capitulation. On-chain metrics suggest future upturns, offering hope to long-term investors. Strategic analysis and understanding of market sentiment remain crucial for navigating volatility.
Binance has introduced a copy trading tool for its spot market, following its implementation in the futures market.
The Bitcoin market experienced a downturn, affecting futures market long position holders with losses totaling $256 million. Analyst Benjamin Cowan suggests these dips are typical in the cryptocurrency's historical cycles.
Binance Coin (BNB) displays bearish signs with negative funding rates and a decline in futures open interest, hinting at increased trader pessimism. The MACD and DMI technical indicators further suggest potential selling pressure, though BNB price showed temporary gains.
Dogecoin (DOGE) has reached a 3-year high, prompting increased activity in its futures market, suggesting a potentially sustained rally for the cryptocurrency.
