Eventually, Bitcoin price will run into overhead resistance. Here’s how pro traders use options to profit from and protect against downside moves.
Using multi-leg options can give traders a less risky way to invest in Ethereum price as it pushes above $2,000.
The daily trading volume of Ethereum (ETH) futures on the Chicago Mercantile Exchange (CME) has exceeded $75 million, crypto metrics platform Glassnode reported today.
The post Ethereum futures daily trading volume on CME doubles since last week appeared first on CryptoSlate.
“We are at all-time-highs territory [and] the market still has to make up its mind” about next resistance or supporting levels, says one broker.
The market cleaned out overleveraged traders in a sudden move downwards yesterday before recovering in the afternoon hours on Monday.
The post $1.7 billion in crypto liquidations occurred after Bitcoin dipped below $46,000 appeared first on CryptoSlate.
Investors are nervous that this week’s CME ETH futures launch will be a repeat of Bitcoin’s 2017 CME launch but data suggests otherwise.
A key Bitcoin price metric is signaling that top traders are comfortably positioned and expect BTC to secure the $50,000 level in the short term.
According to the data analytics platform Laevitas, the Bitcoin options market is seeing a “call buying frenzy.” This means that the buyer demand for BTC is rising rapidly in the form of options.
The post Bitcoin “call buying frenzy” occurs, will options market demand fuel another rally? appeared first on CryptoSlate.
Bitcoin perpetual futures buyers are paying a 5.4% weekly funding rate to keep their positions open, but is this sustainable?
December’s $10,000 Ethereum calls options have started to pick up volume, but are traders really expecting ETH to reach this level?