Yuri Molchan Recent report shows that situation with Bitcoin futures indicates large selling activity taking place Contents Bitcoin futures in backwardation Has Bitcoin reached the bottom? IntoTheBloc...
Tag: Backwardation
Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge
Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futu...
Retail crypto trading is ‘improving’ after ‘extreme phase of backwardation’
After months of extended corrections, the crypto market has made slight gains, with the global market capitalisation surpassing the $1 trillion mark. Consequently, investors are monitoring the market ...
Bitcoin futures enter backwardation for the first time in a year
Bitcoin’s (BTC) month-to-date chart is very bearish, and the sub-$18,000 level seen over the weekend was the lowest price seen since December 2020. Bulls’ current hope depends on turning $...