Bitcoin hit a three-week high, but derivatives and spot ETF flows show traders remained cautious, signalling limited confidence in further upside for now.
Key takeaways:
Bitcoin rose above $90,000, yet options data show traders are not comfortable with downside risk exposure.
Bitcoin spot ETF outflows and low leverage demand suggest investors remain cautious about near-term gains.
Read more
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.