New contracts will be available for trading from Nov. 24.
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 and reignite bullish sentiment. However, the market remains fragile, with volatility and fear weighing heavily on investor confidence. Related Reading: Bitcoin CDD Indicator Signals LTH Distribution As Demand Offsets Pressure Top analyst Axel Adler provided important context from the derivatives market. According to Adler, the Bitcoin Futures Pressure Score currently stands at 18%, which is considered low to moderate and closer to the neutral zone. This suggests that there is no overwhelming short pressure from leverage at this time. In practical terms, futures traders are not aggressively building short positions, nor are they significantly adding to long exposure. This balance reflects a cautious market environment where participants are waiting for a catalyst to determine direction. Until then, Bitcoin’s battle between $110K support and $113K resistance will remain the focal point, setting the stage for the next major move in either direction. Bitcoin Futures In Neutral Mode According to Adler, the current state of the futures market paints a picture of caution rather than conviction. With the Pressure Score at 18%, the indicator suggests a neutral environment where traders are neither aggressively building long positions nor stacking shorts. Adler explains that this lack of strong directional signals reflects an indecisive market, where participants are waiting for external catalysts before committing capital. The Pressure Score becomes particularly important in identifying potential downside risks. Adler notes that when the metric rises toward the 30–40% range, it indicates that shorts are being built up at an accelerated pace. In such cases, open interest increases faster than usual, creating conditions that often lead to sudden price dumps. For now, Bitcoin is not in that danger zone, but the market remains highly sensitive to shifts in sentiment. What adds to the current uncertainty is the weakening US labor market, which has fueled speculation about the Federal Reserve’s next policy moves. Any surprise in economic data or Fed guidance could easily tip the balance, triggering volatility across crypto markets. As investors digest these signals, Bitcoin is expected to trade with increased choppiness in the coming days, with bulls and bears closely monitoring the $110K–$113K range as the decisive battleground. Related Reading: Whales Are Buying Solana: Two Wallets Pull 376K Tokens From Binance Technical Insights: Trading Between Key Levels Bitcoin is currently trading around $112,196, showing a modest recovery after testing lows near $110,000. The chart highlights a consolidation phase, with BTC holding above the 100-day simple moving average (SMA) at $112,102, while the 50-day SMA sits higher at $114,650, acting as immediate resistance. A decisive close above this level could open the path for Bitcoin to retest $116,000 and potentially challenge the major resistance at $123,217, marked by the summer peak. On the downside, the 200-day SMA at $101,980 provides a strong layer of support. As long as BTC remains above this level, the broader bullish structure remains intact despite recent volatility. However, repeated failures to break above the 50-day SMA may invite further consolidation, with risks of a retest of the $108,000–$110,000 zone if selling pressure re-emerges. Related Reading: Bitcoin Market Absorbs Supply In Batches: VDD Highlights Mature Bull Phase Bulls need to reclaim $114,650 to shift momentum toward the $120K region, while bears aim to defend resistance and push the price lower. The coming days are likely to determine whether Bitcoin resumes its broader uptrend or extends its correction. Featured image from Dall-E, chart from TradingView
Bitcoin’s derivatives market entered September with a split message: traders are taking on more positions, but the balance of trading activity is leaning against price strength. Open interest climbed to $41.19 billion on September 3, an increase of $1.02 billion over the past month. At the same time, Bitcoin’s spot price slipped below $110,000. This […]
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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 institutional interest. Related Reading: Bitcoin Realized P&L Ratio Signals Sustainable Rally: Reversal Risk Remains Low The battle at $120K comes amid shifting sentiment in the derivatives market. Data from CryptoQuant shows that in August, the Bitcoin Futures Power index dropped to the zero mark, ending a series of positive readings that had previously accompanied BTC’s rally. According to top analyst Axel Adler, this index, which measures the combined influence of open interest, funding rates, and taker order imbalances, reflects the cooling momentum in the futures market. The next move could be pivotal, as Bitcoin’s ability—or failure—to push through $120K will likely set the tone for the remainder of the quarter, especially as altcoins continue to show signs of strength and sector rotation intensifies. Neutral Futures Index Raises Odds Of BTC Cooldown Adler notes that Bitcoin’s current positioning near its all-time high comes with a notable shift in derivatives sentiment. Adler warns that when the Bitcoin Futures Power index transitions from neutral into negative territory, it has historically coincided with market corrections. With BTC still holding close to record levels, the current reading increases the probability of such a shift. The broader market remains hot, fueled by significant capital inflows and heightened trading activity. However, some analysts are beginning to speculate that Bitcoin could face a short-term cooldown as momentum moderates and the derivatives market signals caution. While spot prices have been resilient, the loss of clear bullish signals in futures data has traders watching closely for signs of waning demand. At the same time, Ethereum’s explosive rally—up over 200% since April—has shifted market dynamics into a new phase where leadership is no longer solely dictated by Bitcoin. ETH’s strong fundamentals, reduced exchange supply, and institutional accumulation have drawn capital and attention away from BTC, creating a more balanced market structure. This diversification of momentum could mean that even if Bitcoin stalls, the overall crypto market retains bullish energy driven by large-cap altcoins. Related Reading: Alameda Research Unlocks $35M In Solana After 4 Years – Imminent Distribution? Bitcoin Price Analysis: Approaching Critical Level On the 4-hour chart, Bitcoin (BTC) is trading at $119,967, posting a modest gain of 0.34% as it approaches the critical $120,000 resistance level. The recent rally has brought BTC closer to the all-time high of $123,217, which remains a significant hurdle for bulls to clear. Price action shows a strong recovery from early August lows near $114,000, with BTC now trading above its key moving averages — the 50 SMA ($117,269), 100 SMA ($116,893), and 200 SMA ($117,475). This alignment indicates a bullish short-term structure, with the moving averages potentially acting as dynamic support if a pullback occurs. Related Reading: Ethereum Bullish Fundamentals Clash With Short-Term Leverage Risks The market is currently consolidating just below resistance, suggesting a potential breakout attempt if buying momentum strengthens. However, the repeated rejections near $123K in recent months highlight the importance of this zone as a major supply area. A decisive close above $123,217 would likely trigger momentum buying and open the path toward new price discovery. Conversely, failure to break higher could lead to a retracement toward the $117K support cluster, where the 50, 100, and 200 SMAs converge. Featured image from Dall-E, chart from TradingView
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 current price action could represent a relief rally before another consolidation phase. Related Reading: Altseason Still On Hold – Metrics Reveal BTC Outpaces Large, Mid, Small Caps Fresh data from CryptoQuant adds a layer of complexity to the market outlook. After a sharp rise in average weekly open interest to over 20% — peaking on July 14 — the metric has since dropped significantly, now turning negative. This shift suggests that short-term risk appetite has diminished, potentially reducing speculative momentum in the near term. While open interest declines are not inherently bearish, they can indicate a cooling phase after periods of aggressive leverage. In some cases, such pullbacks in open interest, especially when paired with increased liquidations, have preceded attractive buying opportunities. For now, Bitcoin’s position near record highs offers both promise and risk, with the next few sessions likely to determine whether the market pushes higher or pauses for consolidation. Open Interest Signals Cooling Risk Appetite Top analyst Darkfost has shared fresh market insights, highlighting a notable shift in Bitcoin’s derivatives landscape. According to his analysis, the current weekly average for open interest change sits at -2.2%, marking a sharp reversal from the +20% levels seen just weeks ago. This drop signals that short-term risk appetite among traders has clearly diminished, with many participants reducing leveraged positions after an extended bullish run. Liquidations are a key factor in this development. Darkfost points out that when open interest experiences a sharp short-term drop alongside a spike in liquidations, it often presents a window for profitable long entries. This setup typically occurs when overleveraged positions are wiped out, allowing stronger hands to accumulate at more favorable levels. While not a precise buy signal, it remains a valuable tool for gauging market conditions and identifying potentially favorable entry zones. The current backdrop is particularly intriguing as Ethereum pushes toward all-time highs, drawing increased attention to the broader crypto market. Bitcoin’s stability above the $120K level, combined with improving sentiment across altcoins, sets the stage for potentially strong follow-through in the coming weeks. However, traders will be watching derivatives metrics closely for signs of renewed leverage or further cooling before committing to larger positions. Related Reading: Bitcoin Holds Strong Near All-Time High – Market Not Overheated Yet, Data Shows Bitcoin Tests Key Resistance Just Below All-Time High Bitcoin has surged to $121,337, marking a strong breakout from its recent consolidation phase and pushing to its highest level since setting the all-time high at $123K. The daily chart shows a decisive move above the $119K zone, confirming bullish momentum after holding support at the 50-day moving average near $114,155. This rally brings BTC within striking distance of the $123,217–$124,000 resistance area, a critical zone that previously capped upside attempts in July. A clean break and daily close above this level could open the door for a new all-time high, potentially triggering further upside momentum as traders chase the breakout. Related Reading: Ethereum Exchange Balances Decline To 18.8M ETH: Smart Money Drains Supply With Ethereum nearing its own record highs and altcoins showing renewed strength, Bitcoin’s performance in the coming sessions will be pivotal for broader market sentiment. If BTC manages to secure a sustained move above $124K, it could fuel a market-wide surge. However, failure to break higher may see a period of consolidation before the next decisive move. Featured image from Dall-E, chart from TradingView
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 resistance levels. Related Reading: Bitcoin STH Realized Price Signals Fragile Support: Correction Risk Intensifies Key market data adds weight to the bullish case. The Bitcoin Futures Open Interest Net Position — a closely watched indicator that tracks the balance between long and short positions — has shifted in favor of the bulls, showing a clear edge over shorts. This change in positioning suggests that sentiment is turning more optimistic, with market participants increasingly betting on further upside. However, while momentum is building, the coming days will be decisive. Bitcoin must maintain its hold above the $115K level to confirm this shift and open the door to a push toward the next major resistance. Failure to do so could invite fresh selling pressure, putting the recent gains at risk. For now, market structure and derivatives data suggest that bulls are in control, and the stage is set for Bitcoin’s next significant move. Bitcoin Market Sentiment Shifts as Technical and Fundamental Tailwinds Align According to top analyst Axel Adler, Bitcoin’s market structure is undergoing a notable shift. After a prolonged bearish regime since late July — marked by sustained short pressure and represented in the red zone — the SMA-120 line for the Bitcoin Futures Open Interest Net Position has reversed upward, reaching the neutral zero mark. This indicator, which reflects the balance between long and short positioning, signals that the market has moved from aggressive short dominance to a neutral-bullish stance. Adler notes that a similar reversal attempt occurred just a week ago but failed to hold, leading to renewed selling pressure. This time, if the SMA-120 remains above zero for another two consecutive days, it would confirm a regime change, potentially paving the way for a more sustained bullish phase. On the fundamental side, momentum is being supported by a major policy development: US President Donald Trump has signed an executive order permitting alternative assets, including cryptocurrencies, to be included in 401(k) retirement plans. This landmark decision could open the door for millions of Americans to gain exposure to Bitcoin and other digital assets through their retirement savings, significantly expanding potential demand. Related Reading: XRP Whale Activity Signals Warning: Distribution Pattern Resurfaces BTC Tests Key Liquidity Levels Bitcoin’s daily chart shows a strong recovery after recently dipping to the $112K region, with bulls reclaiming the critical $115,724 support level. The rebound has pushed BTC toward the $116,700 area, signaling renewed buying interest after a period of panic selling. The 50-day SMA (blue) is currently providing dynamic support near $113K, helping reinforce the bullish case in the short term. Above, the next major resistance is at $122,077, which marks the upper boundary of the recent consolidation range. A decisive breakout above this level could open the door for a retest of all-time highs. Related Reading: Ethereum Bears Dominate Market Orders: -$418.8M Daily Net Taker Volume Signals Trouble The market’s bias leans bullish as long as BTC remains above the 50-day SMA, but traders should watch for momentum signals. If price gains slow while approaching $122K, the risk of a pullback grows. Overall, BTC’s current structure reflects a market attempting to shift back into a bullish posture, with $115,724 acting as the key line in the sand for trend continuation. Featured image from Dall-E, chart from TradingView
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 pressure and defensive positioning from traders. Related Reading: Is Bitcoin Overheated? Key Signal Flashes Warning Similar To 2021 And 2024 Market Tops Key data from CryptoQuant reveals that the futures market is leaning bearish, even as Bitcoin attempts to consolidate within its current range. Open interest remains elevated, but the Net Taker Volume suggests that sellers are increasingly aggressive, prioritizing execution speed over price. This shift in sentiment is a warning sign that the market structure is fragile. Analysts caution that Bitcoin is now highly susceptible to negative catalysts. Any adverse news or market trigger could unleash a cascade of long liquidations, amplifying bearish pressure and pushing BTC below key support levels. With market sentiment teetering and futures positioning skewed to the downside, Bitcoin is entering a critical phase where the next move could define whether it stabilizes for another rally — or accelerates into a deeper correction. The coming sessions will be pivotal for Bitcoin’s short-term trajectory. Bitcoin Futures Market Remains Fragile Despite Slight Easing Of Bearish Pressure Top analyst Axel Adler shared critical insights regarding Bitcoin’s current market structure, highlighting rising concerns in the futures market. After Bitcoin reached a new all-time high, bearish pressure on futures intensified, peaking at –7.5% on July 29th. Although this figure has slightly eased to –5.2%, Adler warns that the market structure remains fragile and highly susceptible to external shocks. Despite Bitcoin’s attempts to consolidate above $110K, futures market dynamics suggest an underlying weakness. Open interest remains high, and taker sell volume continues to outpace buying activity. Adler points out that while the immediate selling pressure has cooled off marginally, the imbalance between aggressive sellers and passive buyers exposes the market to a potential liquidation cascade. Any negative catalyst — such as regulatory developments, macroeconomic shifts, or a large sell-off — could trigger a rapid sequence of long liquidations. This would instantly amplify bearish momentum, pushing Bitcoin’s price lower and potentially accelerating a deeper correction phase. Some analysts are now warning of a possible drop below the $100K psychological level if the market fails to stabilize. The coming weeks will be critical, as Bitcoin hovers near key support zones while futures market sentiment remains bearish. Related Reading: Ethereum Consolidation Deepens As Taker Buy/Sell Ratio Hits One Of The Lowest Levels This Year BTC Struggling Below Key Resistance Amid Weak Momentum Bitcoin is currently trading at $114,061, showing signs of weakness after failing to reclaim the $115,724 resistance level. The recent bounce from the $112,000 zone lacked strong follow-through, as price action remains trapped below the key moving averages. The 50, 100, and 200-period SMAs are now acting as dynamic resistance levels, compressing BTC within a tight range and signaling a fragile market structure. Bears are defending the $115,724 resistance, which coincides with the 100 and 200 SMA zones, making it a significant barrier for bulls to overcome. If Bitcoin fails to break above this level in the coming sessions, the probability of a retest of the $112,000 support increases, with potential downside extensions toward $110,000. Related Reading: Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact The overall structure indicates a bearish consolidation, with lower highs forming since late July. The next decisive move will likely be triggered by external catalysts, as the market awaits fresh momentum to determine the trend. A breakout above $115,724 could open the door for a test of $117,000, while failure to reclaim that level keeps BTC vulnerable to deeper corrections. For now, caution dominates the short-term outlook. Featured image from Dall-E, chart from TradingView
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 a possible reversal. Related Reading: Bitcoin New Investor Dominance Rises – No Signs of Mass Profit-Taking Yet The breakdown comes at a critical time, as sentiment across the market begins to shift. According to fresh data from CryptoQuant, futures sentiment turned bearish today, falling sharply before bouncing back slightly to 48%. While still close to neutral, any reading below 50% signals bearish dominance in positioning. This adds pressure to an already fragile technical structure and suggests traders are bracing for more downside. Unless bulls can recover $117K quickly and close with strength, Bitcoin risks entering a deeper correction phase. With long-term support levels still intact, the broader bull trend remains in place—but this breakdown marks the first significant loss of momentum in weeks. The coming sessions will be critical in determining whether this is just a shakeout or the start of a larger trend reversal. Bitcoin Advanced Sentiment Index Signals Rising Bearish Pressure Top analyst Axel Adler has shared new insights into the Bitcoin Advanced Sentiment Index, a key metric used to gauge futures market positioning and broader investor mood. According to Adler, the index recently dropped to 40%—a sharp decline that reflected growing risk aversion and bearish positioning. Although the metric has since rebounded to 48%, it remains below the critical 50% threshold, which separates bullish from bearish territory. This rebound signals a temporary pause in negative sentiment, but the broader trend shows a shift from bullish caution to bearish fear. Adler notes that as long as the index remains below 50%, the market lacks the confidence needed to sustain upward momentum. Traders are growing increasingly defensive, reducing long exposure and bracing for further downside. If momentum continues to deteriorate, BTC could test the $112,000 level—the previous all-time high set in May. This zone may act as psychological and technical support, but failure to hold it could trigger a deeper correction. With the Advanced Sentiment Index stuck in bearish territory and price action weakening, the market appears to be entering a riskier phase. While this doesn’t yet signal a full trend reversal, it does reflect growing uncertainty. Until sentiment and price reclaim higher ground, caution is warranted. The next move will likely depend on whether bulls can defend $112K—or if bears gain full control of the trend. Related Reading: Bitcoin Heat Macro Phase Signals Market Sits Between Accumulation And Distribution BTC Loses Key Support After Breakdown Bitcoin has officially broken down from its two-week consolidation range, losing the critical $115,724 support level highlighted in the chart. The price reached a new local low at $114,116 before recovering slightly to the $115,100 zone, where it’s currently attempting to find footing. This marks a significant shift in momentum, as bulls failed to defend the lower boundary of the range, which held firm throughout July. The 12-hour chart shows rising volume accompanying this breakdown, adding weight to the bearish move. BTC now trades below the 50-day SMA ($116,981), confirming weakness in short-term structure. The next major support sits around $112,000—the prior all-time high set in May—which could act as a psychological and technical floor. Related Reading: Whale Buys $153M In Ethereum From Galaxy Digital OTC: Institutions Are Betting Big The 100-day and 200-day SMAs remain well below current price action, suggesting that the macro trend is still intact. However, immediate momentum has clearly shifted, and bulls must reclaim the $117,000 area quickly to invalidate this breakdown. Featured image from Dall-E, chart from TradingView
Bitcoin has entered the final week of July with a visible imbalance in its price structure. The CME Bitcoin futures market reopened on Sunday, July 27, nearly $1,770 above where it had last traded on Friday, July 25, creating an upward gap between $118,295 and $120,065. This is the widest weekend gap since mid-June and […]
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Data shows the Bitcoin Open Interest shot up to a new all-time high (ATH) even as the cryptocurrency’s price saw a retrace to $115,000. Bitcoin Open Interest Has Gone Against The Price Trend As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Open Interest has witnessed a sharp surge alongside the latest decline in the price. The “Open Interest” here refers to an indicator that measures the total amount of positions related to BTC (in USD) that are currently open on all centralized derivatives exchanges. Related Reading: This Bitcoin Metric Often Flags Turning Points—What’s It Saying Now? When the value of this metric rises, it means the investors are opening up fresh positions on the market. Generally, the total leverage in the sector goes up when new positions appear, so this kind of trend can lead to more volatility for the cryptocurrency. On the other hand, the indicator going down suggests the holders are either closing up positions of their own volition or getting liquidated by their platform. Whatever the case be, the asset’s price can behave in a more stable manner after such a trend. Now, here is a chart that shows how the value of the Bitcoin Open Interest has changed over the last month: As displayed in the above graph, the Bitcoin Open Interest rose to a high value earlier in the month when the asset’s rally to the new all-time high (ATH) took place. This wasn’t anything unusual, as speculation tends to flood in during periods of exciting price action. As BTC retraced from its peak and settled into a phase of boring consolidation, the metric’s value calmed down a bit. Now, the coin has finally diverged from this sideways movement, showing a downwards move. Interestingly, the Open Interest has rocketed up alongside this price plunge and set a new record around $44.5 billion. From the chart, it’s visible that price declines usually accompany drawdowns in the indicator, as longs find liquidation. “It’s unusual for BTC price direction and open interest to move in a negative correlation,” notes the quant. Related Reading: Crypto Liquidations Near $1 Billion As XRP, Dogecoin Crash 10% The spike in the metric could suggest some longs have decided to double down on their bets and some speculators have jumped in to get their shorts in, expecting the downtrend to continue. As mentioned before, an increase in the metric can amplify price volatility. This happens because the chances of a mass liquidation event taking place go up during such conditions. It now remains to be seen how this Open Interest increase would unwind this time around and whether a long squeeze or a short one would take place. BTC Price Bitcoin saw a brief dip under $115,000 earlier, but its price has since retraced a bit as it’s back at $116,000. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Bitcoin’s derivatives market saw a quiet but meaningful repositioning in July, marked by two liquidation-driven drawdowns in futures and a record expiry event that wiped out over $15 billion in options open interest. These changes took place alongside relatively muted price action, as Bitcoin hovered between $101,000 and $110,000 throughout June before stabilizing near $107,000 […]
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Russia’s main exchange. the Moscow Exchange, has started offering Bitcoin futures contracts. This is one of the biggest moves yet in the country’s slow but steady opening to cryptocurrencies. According to market insiders, these new contracts track the price of the BlackRock Bitcoin ETF, which has gathered over $72 billion in assets. Related Reading: $500M Bet On Solana: Education Platform Aims To Supercharge Its Treasury Trades will be priced in US dollars per lot, while settlements will happen in Russian rubles. This setup lets local traders tap into Bitcoin’s price swings without touching foreign crypto platforms. Quarterly Contracts Linked To IBIT These Bitcoin futures will come out every three months, with the first batch due to expire in September 2025. Based on reports, only qualified investors will be allowed to trade on the MOEX. That means big banks, funds, and other approved financial groups can take part. Ordinary investors won’t get in on these deals. The Bank of Russia gave the green light in May 2025 for such products, but it still warns most firms to steer clear of direct crypto deals. The idea seems to be to let big players handle the risk in a controlled way. Local Settlements Keep Risk In Rubles Moscow Exchange decided to price the contracts in US dollars. However, when it’s time to settle, everything happens in rubles. This approach protects Russia from sudden swings in foreign markets. A trader can lock in a deal based on Bitcoin’s value in dollars, yet get paid in their home currency. It’s a setup that keeps money inside Russia even as it ties to a global crypto product. Some analysts see this as a smart middle ground. It lets Russia join the international cryptocurrency scene but without depending on overseas platforms. ???? Moscow Stock Exchange Launches #Bitcoin Futures Contracts will only be available to qualified investors, with the futures tied to the value of the iShares Bitcoin Trust ETF, quoted in US dollars, and settled in Russian rubles. (TASS) The launch follows Sberbank’s approval… pic.twitter.com/wMTRlK2Y0y — RT_India (@RT_India_news) June 4, 2025 Bank Of Russia’s Cautious Stance Behind the scenes, the central bank is still cautious. It approved crypto-linked derivatives for qualified investors, but it hasn’t opened the door for everyone. Most banks and investment firms are told not to put their clients into direct Bitcoin trades. Instead, they can offer tools like these futures if they qualify. This reflects a watchful stance on digital assets. Authorities acknowledge the lure of big profits, but they also want to avoid big losses. By keeping access limited, they hope to keep any trouble contained. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge Sberbank’s New Bitcoin-Linked Bonds Meanwhile, Sberbank, the country’s biggest bank, is working on its own crypto-based product. Soon, select clients will be able to buy structured bonds tied to Bitcoin’s price. These bonds will also trade in rubles and won’t require a crypto wallet. That way, people can bet on Bitcoin without opening accounts on foreign sites. Featured image from Lonely Planet, chart from TradingView
Buoyant sentiment and calm volatility are fueling leveraged bets as BTC consolidates above $100,000 — setting up what traders say could be a clean move to new highs.
Bitcoin (BTC) futures saw a dramatic surge in trading activity over the past few days, revealing a hyper-reactive, highly leveraged, and structurally cautious market. Across all major derivatives exchanges, daily futures volume soared from $109.39 billion on April 4 to $227.53 billion by April 8, a 108% increase in just four days. However, open interest […]
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Bitcoin futures open interest (OI) spiked to $57.56 billion in the early trading hours of March 24—a 10.97% increase in a single day. Bitcoin futures open interest (OI) is a critical indicator of market activity, sentiment, and potential price direction. Between March 21 and March 24, Bitcoin futures open interest (OI) experienced notable fluctuations. On […]
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Bitcoin continues to trade within a tight range, consolidating below the $85,000 mark and holding above the $81,000 support zone. Bulls are making efforts to reclaim higher levels and spark a recovery rally, but persistent macroeconomic uncertainty and growing concerns over global trade tensions continue to weigh on market sentiment. Related Reading: Whales Accumulate Over 120 Million Dogecoin In Past Week – Analyst The lack of momentum in either direction has left Bitcoin range-bound for the past several sessions. However, optimism remains among futures traders. According to recent data, 60.52% of traders with open Bitcoin positions on Binance Futures are currently holding long positions, suggesting a majority still believe in an upside breakout. This bullish leaning among leveraged traders highlights growing expectations that Bitcoin could recover once broader market sentiment improves. Still, the consolidation pattern remains in place until BTC can break decisively above the $85K level and target $88K or higher. If bulls fail to reclaim resistance soon, the risk of a breakdown below $81K increases, potentially triggering a deeper correction. As uncertainty dominates headlines, Bitcoin remains at a crossroads, and traders continue to watch closely for a catalyst to drive the next major move. Bitcoin Investors Split On Market Direction As Long Positions Dominate Futures After months of volatility and a sharp correction from Bitcoin’s January all-time high, some market participants are preparing for a prolonged bear market. Sentiment among this group is driven by persistent macroeconomic uncertainty, erratic global policy shifts, and rising concerns of recession, all of which have shaken confidence across both crypto and traditional markets. However, a more optimistic view persists among analysts who argue that the current price action is simply a healthy correction within a larger bull cycle. They believe that Bitcoin is undergoing a standard consolidation phase following its parabolic move in late 2024. The structural fundamentals supporting Bitcoin—including growing institutional interest and broader adoption—remain intact. Supporting this view, top analyst Ali Martinez shared a key metric on X: the Bitcoin Long/Short Ratio on Binance Futures. Martinez revealed that 60.52% of traders with open BTC positions are currently leaning long, signaling a bullish sentiment among futures traders. This bullish skew in leveraged positions suggests that a potential breakout may be on the horizon. If bulls can reclaim resistance levels near $88K and push above the $90K mark, it could confirm the start of a recovery rally and help restore confidence. Related Reading: Cardano Indicator Flashes Buy Signal On 4-Hour Chart – Rebound Ahead? Until then, indecision continues to dominate the market, and Bitcoin remains trapped in a tight range where both scenarios—a deeper correction or a bullish breakout—remain on the table. BTC Price Range Narrows As Key Resistance Holds Strong Bitcoin (BTC) is trading at $84,200 after several days of tight consolidation between the $87,000 resistance and the $81,000 support level. Despite recent attempts to push higher, bulls have struggled to break through key resistance, leaving the price range bound and vulnerable to sudden volatility. Currently, BTC sits approximately 4% below the 4-hour 200-day Moving Average (MA) and Exponential Moving Average (EMA). These indicators, now acting as dynamic resistance around $87,300, are widely watched by traders as crucial short-term trend signals. Reclaiming this zone as support could be the catalyst for a recovery rally toward the $90,000 mark, helping shift sentiment back in favor of the bulls. Related Reading: Investors Withdraw 360,000 Ethereum From Exchanges In Just 48 Hours – Accumulation Trend? However, the failure to break above this technical ceiling raises concerns. If price action remains weak and fails to retake the 200 MA and EMA in the coming sessions, the likelihood of a drop below the $81,000 support increases. Such a move would not only trigger fresh selling pressure but could also send BTC into deeper correction territory. Featured image from Dall-E, chart from TradingView
Data shows the Bitcoin futures market has seen a massive deleveraging event recently. Here’s what this reset could mean for BTC, based on past trends. Bitcoin Open Interest Has Gone Through A Crash Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the BTC Open Interest has seen a retest recently. The “Open Interest” refers to an indicator that keeps track of the total amount of futures positions related to Bitcoin that are currently open on all derivatives exchanges. Related Reading: Is Bitcoin Peak In? This Data Suggests Otherwise, Analytics Firm Says When the value of this metric rises, it means the investors are opening up more positions on the market. Generally, the total leverage present in the sector goes up when this happens, so this kind of trend can lead to more volatility for the asset. On the other hand, the indicator going down implies the futures users are closing up positions or getting forcibly liquidated by their platform. As leverage decreases following such a trend, the market can act in a more stable manner. Now, here is the chart shared by the analyst, that shows the trend in the Bitcoin Open Interest, as well as its 90-day percentage change, over the last few years: As displayed in the above graph, the Bitcoin Open Interest shot up to a new all-time high (ATH) of $33.6 billion back in January. Interestingly, this peak in the indicator coincided with the ATH in the price itself. As mentioned before, a rise in the Open Interest can lead to volatility for the cryptocurrency. The reason behind this lies in the fact that a mass liquidation event, popularly known as a squeeze, can become more probable to occur when the market is overleveraged. In such an event, a sharp swing in the price triggers a large amount of simultaneous liquidations, which end up acting as fuel for the move itself, thus elongating its length. This unleashes a cascade of further liquidations. The volatility emerging out of an increase in the Open Interest can, in theory, take Bitcoin in either direction. During the earlier bull rally, the Open Interest increase was accompanied by bullish momentum. From the chart, it’s visible, however, that the indicator reached a turning point around the time of the aforementioned peak. As bearish momentum took over Bitcoin following the ATH, it was now the turn of the bulls to get liquidated. The massive long squeezes that the price legs down induced helped to further the price decline, explaining its sharpness. Related Reading: Dogecoin Can Still Go Parabolic If This Support Holds, Analyst Says Today, the Open Interest is down to just $23.1 billion, with the indicator’s 90-day change sitting at a notable low of -14%. In the chart, the quant has highlighted the previous deleveraging events where the metric plummeted in a similar manner. “Looking at historical trends, each past deleveraging like this has provided good opportunities for the short to medium term,” notes the analyst. It now remains to be seen whether this cooldown in the futures market will be enough for Bitcoin to see a rebound or not. BTC Price At the time of writing, Bitcoin is trading at around $83,500, up 1% in the last 24 hours. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Bitcoin saw a drop in trading volume across both the spot and futures markets over the past five days. The decline, which followed a sharp drop in Bitcoin’s price after a week of extreme volatility, was likely driven by a combination of disappointing political developments, macroeconomic tensions, and weekend trading patterns. Data from Checkonchain shows […]
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President Donald Trump’s surprise announcement about a strategic crypto reserve triggered an aggressive wave of volatility in the market. Bitcoin’s abrupt spikes and drops in the past several days had a pronounced effect on the futures market, driving trading volumes, shifts in open interests, and large-scale liquidations. Bitcoin’s perpetual futures (perps) overwhelmingly dominated trading activity […]
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Institutional crypto futures positioning suggests a weakness in demand, the report said.
The Bitcoin futures market offers a critical lens through which to identify and examine market behavior. Analyzing open interest and volume reveals how this behavior differs across exchanges. Disparities such as those between low open interest and high volume illustrate different trader profiles and strategic approaches to futures trading. Based on CoinGlass data, there is […]
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Data shows the Bitcoin futures funding rate has declined to neutral on the top three exchanges. Here’s where this could lead the asset’s price. Bitcoin Futures Market Sentiment Has Turned Neutral In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the latest trend in the Bitcoin Funding Rate for the three top exchanges in the cryptocurrency sector. Related Reading: Bitcoin Indicator That Timed January Top Now Gives Signal To Buy The “Funding Rate” here refers to an indicator that keeps track of the total amount of periodic fees that futures market holders are exchanging between each other on a given platform. When the value of this metric is positive, it means the long investors are paying a premium to the short ones in order to hold onto their positions. Such a trend implies a bullish sentiment is the dominant one on the exchange. On the other hand, the indicator being negative suggests the short holders are outweighing the long ones and a bearish mentality is shared by the majority. Now, here is the chart shared by the analyst that shows the trend in the 7-day simple moving average (SMA) of the mean Bitcoin Funding Rate on the top three exchanges: Binance, Bybit, and OKX. As is visible in the above graph, the 7-day SMA of the Bitcoin Funding Rate on these platforms rose to a notable positive level during the rally in the last couple of months of 2024, implying the futures market sentiment was quite bullish. With the consolidation that has followed for BTC since the top, though, the enthusiasm on Binance and company has dropped. Following the latest bearish price action, the indicator has even returned to the 0% mark, meaning that the users are now completely undecided on where the cryptocurrency would go from here. In the chart, the analyst has highlighted the past instances where the metric saw a similar retest of the 0% level. It would seem that Bitcoin has generally gone on to observe some bullish momentum every time that the indicator has touched this line during the current cycle. Related Reading: Just 10 Holders Control 61.3% Of Shiba Inu Supply: How This Compares With Other Altcoins The reason behind this trend lies in the fact that a mass liquidation event, popularly known as a squeeze, is more likely to affect the side of the sector that has the more investors. During bull runs, whenever the Funding Rate becomes too positive, a long squeeze tends to occur, wiping out all the positions. These liquidations then provide fuel for a move in the downwards direction. With the Funding Rate at neutral right now, both shorts and longs are at an about equal risk of seeing a squeeze, so Bitcoin could kickstart a rally without encountering an obstacle immediately. BTC Price At the time of writing, Bitcoin is trading around $97,200, down more than 2% over the last seven days. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
These new financially settled contracts will expire daily from Monday to Friday.
The crypto market experienced a significant decline on Jan. 27, with both the spot and derivatives markets deep in the red. This decline occurred alongside a broader market sell-off triggered by the collapse of Nvidia and chip stocks, which led to a sharp downturn in Nasdaq and other risk assets, including Bitcoin. Nvidia saw a […]
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In a separate statement, Osprey said that the deal for Bitwise to acquire the Osprey Bitcoin Trust had been scuttled after failing to get the necessary regulatory approvals.
Bitcoin futures markets may still be overheated, and a hotter-than-expected CPI could trigger further drawdowns, Steno said.
Investors are boosting Bitcoin allocations as a hedge against geopolitical uncertainty, the bank said.
Bitcoin traders’ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off.
Bitcoin investors realized profits as BTC price hit new all-time highs throughout November. Now that the metric has reset, new highs could be in store.
Bitcoin leveraged bets are off the table after repeated washouts — but BTC price action is seen beating all-time highs within days.