Data shows traders have set up fresh Bitcoin positions on the perpetual futures market during the past day, and the Funding Rate suggests they are long bets. Bitcoin Open Interest Has Witnessed An Uptick According to data from on-chain analytics firm Glassnode, the surge Bitcoin has seen to kick off Monday has come alongside a…
View More Bitcoin Perps Heat Up Again As Leveraged Longs Rise
Bitcoin is once again at a decisive moment after several days of tight consolidation around the $110K level. Bulls are making an effort to defend this critical support, while also eyeing the $113K resistance as the next key barrier. A breakout above it could provide the momentum needed for BTC to retest higher supply zones…
View More Bitcoin Futures Pressure Score Hits 18%: Shorts Are Losing Momentum
Bitcoin is once again challenging the $120,000 resistance level after a stretch of massive volatility for BTC and strong performance from altcoins. While the flagship cryptocurrency has yet to decisively break above its current range resistance, Ethereum has been leading the broader market with an impressive uptrend since April, gaining over 230% and drawing strong…
View More Bitcoin Futures Power Index Hits Neutral Zone After Months Of Bullish Readings – Details
Bitcoin surged past the $120,000 mark, reaching an intraday high of $122,300 — just shy of its all-time high at $123,000. The move marks a strong bullish continuation after weeks of upward momentum, fueling hopes among traders that a new record could be imminent. However, seasoned investors are approaching the rally with caution, warning that…
View More Bitcoin Open Interest Flips Negative After July Peak – Risk Appetite Cools
Bitcoin has reclaimed the crucial $115,000 level after briefly dipping to $112,000 earlier this week, signaling renewed strength from the bulls. The sharp recovery highlights buyers’ resilience following recent volatility, with price action now showing signs of bullish dominance. This rebound comes as traders and investors brace for the potential next leg up, eyeing higher…
View More Bitcoin Futures Bias Turns Neutral As OI Net Position Hits Zero – Details
Bitcoin is trading in a vulnerable position, hovering below the critical $115K level and flirting with a potential breakdown towards $110K. After weeks of bullish momentum that propelled BTC to new highs, the market has entered a phase of caution and fear. The enthusiasm that once drove relentless buying has faded, replaced by increased selling…
View More Bitcoin Net Taker Volume Stays Bearish – Fragile Market Structure Risks Liquidation Cascade
Bitcoin has broken down from the two-week consolidation range that held the market between $115,724 and $122,077, reaching a new local low near $114,000. The drop confirms a shift in short-term momentum, putting bulls on the defensive. The $117,000 level—previously a key support zone—now serves as the immediate resistance that must be reclaimed to signal…
View More Bitcoin Advanced Sentiment Index Reaches Bearish Levels: Futures Traders Show Caution
After several weeks of sustained upward momentum, Bitcoin is currently holding above $66,000. The price has recently encountered resistance at the crucial $69,000 level, which is expected to take time and significant liquidity to overcome. Key data from Binance reveals that more than half of futures traders have shorted BTC in the past few hours,…
View More 53% Of Binance Traders Are Shorting Bitcoin – What Does This Mean For Price Action?