Bitcoin $88,007.81While the price fell below $ 90,000, investors have made intensive purchases on the Kraken Stock Exchange. The fluctuations in the crypto currency market and global economic uncertainties led investors to move cautiously. While the tendency to avoid risk in NASDAQ futures transactions, it is seen that investors re -evaluate market positions.
Decrease in Bitcoin, increase in futures transactions
Bitcoin’s price loss caused significant changes in the futures markets. The amount of open position on Binance increased by 1 billion dollars, showing that investors opened a short position with the expectation of decrease. This rise in futures points out that investors expect more volatility in the market.
On the other hand, the increase in purchase transactions in Kraken increased the long/short rate to a record level. Currently, this ratio has reached approximately 0.8 and the open transaction volume has reached the highest point of the last four weeks. Analysts say that the long/short ratio below 1 shows that there is still a shorter position in the market.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
Investors update their strategies while avoiding risk
Uncertainties in the market lead investors to more cautious strategies. The mobility in the Japanese new and Australian dollar against the US dollar reveals that global investors are more cautious about the crypto money market. Excessive leverage use in the market and low liquidation levels lead to an increase in short -term risks.
Investors’ active purchasing on large stock exchanges shows that Bitcoin’s price is searched for recovery signals. However, uncertainty continues due to global economic indicators and market volatility. Those operating in the crypto currency market should be careful against sudden price movements and give priority to strategic risk management.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
