Miners are in deep trouble due to increased hash rate and energy costs, but pro traders slightly added to their longs despite the recent BTC
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Ethereum bounces above $1.2K, but derivatives metrics show traders fear a collapse
Demand for leverage buying remains absent in ETH despite the recent bounce to $1,200 as the U.S. Federal Reserve continues to hike interest rates.
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$16K retest the most likely path for Bitcoin, according to 2 derivative metrics
Top traders’ long-to-short ratio and stronger demand for stablecoins in Asia indicate higher odds of further price correction.
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Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch
Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the
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Ethereum rallies to $1,350, but derivatives metrics remain neutral to bearish
Pro traders aren’t buying ETH’s recent rally to $1,350 and data shows they expect Ether price to retrace if Fed chair Powell takes a hawkish
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Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K
All eyes are on this week’s Federal Reserve meeting, and BTC traders hope that positive strides against inflation trigger a run to $18,000.
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