Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level - BitcoinEthereumNews.com
Bitcoin 3-buwan na futures basis rate. Pinagmulan: Laevitas.ch Futures should trade at a 5% to 12% anualized premium in healthy markets. Yet, as displayed above, Bitcoins basis moved below such a threshold on April 6 and is currently at 2%. This means futures markets have been pricing in bearish momentum for the past couple of weeks. To exclude externalities specific to the futures instrument, traders should also analyze the options markets. For example, the 25% delta skew compares similar call (buy) and put (sell) options. This metric will turn positive when fear prevails because the protective put options premium is higher than similar risk call options. Meanwhile, the opposite holds when greed emerges, causing the 25% delta skew indicator to shift to the negative area. Bitcoin 30-araw na mga pagpipilian 25% delta skew. Pinagmulan: Laevitas.ch If option investors feared a price crash, the skew indicator would move above 8%. On the other hand, generalized excitement reflects a negative 8% skew. The metric shifted bearish on April 7 and has since kept above the threshold level. Nauugnay: Ang Bitcoin ay nagse-set up ng pinakamababang lingguhang pagsasara mula noong unang bahagi ng Marso habang ang ika-4 na pulang kandila ay umuusad Traders will resist eventual price pumps According to derivatives