Bitcoin Perpetual Swaps Signal Short Bias Amid Price Rebound

Bitcoin Perpetual Swaps Signal Short Bias Amid Price Rebound – Details - Coin Surges

The Bitcoin market saw another rebound in the past week as prices leaped by over 12% to hit a local peak of $95,600. Amid the ongoing market euphoria, prominent blockchain analytics company Glassnode has shared some important developments in the Bitcoin derivative markets. Bitcoin Short Bets Rise Despite Price Rally, Setting Stage For Volatility Despite a bullish trading week, derivative traders are approaching the Bitcoin market with skepticism…

Bitcoin Perpetual Swaps Signal Short Bias Amid Price Rebound

The Bitcoin market saw another rebound in the past week as prices leaped by over 12% to hit a local peak of $95,600. Amid the ongoing market euphoria, prominent blockchain analytics company Glassnode has shared some important developments in the Bitcoin derivative markets. Bitcoin Short Bets Rise Despite Price Rally, Setting Stage For Volatility Despite a bullish trading week, derivative traders are approaching the Bitcoin market with skepticism…

Bitcoin Could Be Headed For A Short Squeeze After $95K, Binance Data Suggests

The Bitcoin price has exhibited powerful performance during recent days by rising beyond the $95K threshold with an 8% increase. The market signal for price movements comes from traders at Binance since they control around 40% of global retail spot market activity. The way traders operate on Binance indicates upcoming short squeeze potential. Why Binance Data Suggests a Bitcoin Squeeze Is Coming“High-leverage longs were flushed out between $82K…