“Bitcoin Futures OI Plummets to One-Month Low as Decline Persists – What’s Next?”
Bitcoin (BTC) may be experiencing a decline in investor interest as its open interest (OI) in perpetual futures across significant exchanges has been dropping since May 1. Consequently, OI recently fell to a one-month low. Data from Glassnode shows that bitcoin’s OI on leading exchange Bitfinex has dropped to a one-month low of $133.6 million. […]
“Gold Futures Defy Odds: Experts Say Unlikely to Experience Prolonged Dip – Invest Now!”
Over the past few days, there has been a noticeable decrease in open interest in gold futures markets, as reported by preliminary readings. Open interest dropped by approximately 9,500 contracts after witnessing three consecutive daily builds. This downswing signals that market participants are repositioning their holdings and expressing uncertainty in the near-term outlook for gold […]
“Natural Gas Futures Defy Expectations: Experts Predict No Sustained Decline in Sight!”
Open interest in natural gas futures markets has been experiencing a constant decline as traders scaled back their open interest positions for the fourth straight session on Wednesday. This continuous contraction in open interest is considered significant as it clearly indicates a change in market dynamics and reflects the cautious approach adopted by traders in […]