Coinbry

  • Market Cap: $2,662,569,988,184.20
  • 24h Vol: $86,851,926,071.31
  • BTC Dominance: 49.88%
Stable Bitcoin Price at $26K as Derivatives Data Suggests Decrease in Volatility

Stable Bitcoin Price at $26K as Derivatives Data Suggests Decrease in Volatility

Despite an 11.4% correction in Bitcoin’s price last week, BTC futures and options data show that professional traders’ sentiment was not impacted.

The recent price swing was not significant in terms of the market structure, as reduced liquidity may have caused the spike in volatility.

Traders should analyze similar instances in the past to assess the impact of the drop to $26,000.

Bitcoin quarterly futures generally trade with a slight premium compared to spot markets, reflecting sellers’ inclination to delay settlement for additional compensation.

The recent correction did not significantly dampen the optimism of whales and market makers, as the BTC futures premium swiftly returned to a neutral-to-bullish position.

Options markets also indicate no signs of professional traders adopting a bearish stance.

While this doesn’t guarantee a swift return to previous support levels, it reduces the likelihood of an extended price correction.

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