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Derivatives data show a clear path to $29,000, but inflation and unemployment data will continue to be crucial to determining BTC price rallies. Go to Source Powered by WPeMatico
Data shows Ethereum options traders are less bearish than before, but lower gas fees and smart contract deposits give ETH bulls little hope. Go to Source Powered by WPeMatico
BTC price has been gaining momentum as it nears $24,000, and this week’s options expiry could help bulls profit $200 million. Go to Source Powered by WPeMatico
High correlation to stock markets and recession risks limit optimism on the part of BTC investors. Go to Source Powered by WPeMatico
Ethereum network developers confirmed September as the date of the upcoming Merge, a move which prompted traders to flip long on ETH. Go to Source Powered by WPeMatico
ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs. Go to Source Powered by WPeMatico
BTC derivatives used by whales and market makers do not support a continuous price recovery above $24,000. Go to Source Powered by WPeMatico
BTC bulls aim to secure a $235 million profit from Friday’s BTC options expiry, but a downside move below $22,000 could nix this plan. Go to Source Powered by WPeMatico
Bitcoin’s failure to break above $22,000 on July 8 opened room for bears to score a $100 million profit in this week’s options expiry. Go to Source Powered by WPeMatico
Data shows Ethereum options traders are less bearish that before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH. Go to Source Powered by WPeMatico
