Binance’s futures trading volumes have surged, being 4.9 times greater than spot trading. The growing dominance in derivatives, with BTC open interest hitting 12.8 billion USD, emphasizes a market shift toward speculative behavior as risk appetite among traders rises.
The Fear and Greed Index indicates increasing trader confidence, escalating from 70 to 78 points. With significant liquidity in certain pricing ranges, the trend shows traders betting on potential BTC price movements and increasing short positions.
Leave a Reply