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Meitu Reported An Loss, In CME Bitcoin futures Dropped To The Lowest Level

Meitu Reported An Loss, In CME Bitcoin futures Dropped To The Lowest Level| FXMAG.COM
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ETH perpetual futures funding rates at record lows. BTC options skews spiking as puts are being bid up. BTC hovering around short-term RSI oversold levels.

Chart of the Week: Perps Funding Rates at New Lows

  • There has been a flurry of activity in ETH derivatives markets as the expected mid-September date of The Merge closes in. Perpetual futures funding rates are printing at record negative levels, potentially implying caution from traders as they look to hedge downside risks. Previous issues of Market Pulse highlighted record open interest in options and record negative futures basis
meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 1meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 1

Fund Flow Tracker

  • Aggregated exchange balance of ETH fell sharply to new lows during the past week, while BTC’s saw a bounce.
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Derivatives Pulse

  • The BTC put-call ratio and skews (puts-minus calls) rose over the past week, implying increased cautious sentiment. Implied vols for both BTC and ETH were mostly flat during the past week. 1-week implied vol currently stands at 60.3% (vs. 65.3% a week ago) and 89.1% (vs. 98.9% a week ago) for BTC and ETH, respectively.
meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 4meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 4
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meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 6meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 6
meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 7meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 7
meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 8meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 8
meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 9meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 9
  • Asset managers’ net-long position in CME Bitcoin futures dropped to the lowest level since February 2022, and leveraged traders’ net-short position continues to reduce. 
meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 10meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 10
  • Leveraged traders are typically hedge funds and various types of money managers, including commodity trading advisors and commodity pool operators. The traders may be engaged in managing and conducting proprietary futures trading, and trading on behalf of speculative clients.
  • The asset manager category consists of institutional investors, including pension funds, endowments, insurance companies, mutual funds, and those portfolio/investment managers whose clients are predominantly institutional.
  • The dealer category consists of participants typically described as the “sell-side” of the market. These include large banks and dealers in securities, swaps, and other derivatives. The other reportable category consists of traders mostly using markets to hedge business risk, and includes amongst others corporate treasuries.

Technically Speaking

  • The drop in BTC price has it hovering around short-term oversold levels based on the 14-day Relative Strength Indicator (RSI).
meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 11meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 11

Price Movements

meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 12meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 12

News Highlights

Catalyst Calendar

meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 13meitu reported an loss in cme bitcoin futures dropped to the lowest level grafika numer 13
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