futures – Page 18 – Blockchain

Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?

BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000.

Bitcoin price giving up ground over the past week to slide below $28,000 has put bears in a better position for Friday’s expiry.

The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.

The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don’t expect any major price corrections.

BTC options and futures markets show no use of excessive leverage from buyers, a healthy indicator as the $28,000 support gets retested.

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of