I see the crypto market making a solid recovery today with the drop in oil prices. It seems that Trump's comments really affected traders' sentiment. But here’s the interesting detail: looking at the derivatives, the conviction appears weak. The guys aren’t really betting heavily on this rally. It’s that kind of movement where prices go up but nobody is very convinced, you know? In the crypto market, we see this quite often—when the price rises but the futures contracts and options don’t show real confidence. It might just be a breather, not a solid reversal. I’ll keep an eye on whether this consolidates or if it drops again in the coming days.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin