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Tag: Traders

  • Bitcoin Futures Traders Refuse to Capitulate Amid Price Drop

    Bitcoin Futures Traders Refuse to Capitulate Amid Price Drop

    Introduction

    Bitcoin futures traders are showing resilience in the face of a significant price drop, with the cryptocurrency falling to $89,000. Despite this, traders are refusing to capitulate, and the market is still showing signs of strength. According to TheStreet, Bitcoin traded around $89,000–$89,300 intraday, down about 4% over the past 24 hours and nearly 13% on the week.

    Market Analysis

    The move pushed BTC to its lowest level since April and erased most of its 2025 gains, with the market cap slipping to roughly $1.77 trillion and 24-hour volumes topping $70 billion as forced liquidations and de-risking rippled through futures markets. As Glassnode Insights notes, the first major defense zone sits at the Active Investors’ Realized Price, currently around $88.6K.

    Technical Indicators

    Bitcoin has broken below its earlier consolidation range, slipping under $97K and briefly touching $89K, marking a new local low and pulling its year-to-date performance into negative territory. The 90K strike put premiums show how protection demand accelerated as price weakened. Over the last two weeks, the net put premium at this strike stayed relatively balanced until Bitcoin broke below the 93,000 level.

    Expert Insights

    As The Economic Times reports, Standard Chartered predicts a year-end rally for Bitcoin, despite the cryptocurrency dropping to $89K. The bank believes a breakout is imminent after the recent sell-off.

    Market Impact

    The drop marks a 30% slide from October’s record highs above $126,000, deepening fears that the market’s post-halving euphoria is giving way to a broad-based correction. Bitcoin’s drop below the $90,000 mark has erased its yearly gains, triggering broad crypto sell-offs driven by ETF outflows, rate-cut uncertainty, leverage unwinds, and weakening sentiment.

    Conclusion

    Despite the current price drop, Bitcoin futures traders are refusing to capitulate. The market is still showing signs of strength, and traders are looking for opportunities to buy the dip. As Investing.com notes, the pullback reflected mounting uncertainty around the Fed’s interest-rate outlook.

  • Ethereum Traders Shift From Fear to Euphoria


    Ethereum’s Sudden Sentiment Shift

    Ethereum traders have made a rapid switch from extreme bearishness to extreme bullishness, according to Santiment, a leading crypto analytics firm. This sudden shift in sentiment comes after a period of significant market panic, with traders initially expecting a quick return to $4,000, only to see their expectations dampened. However, as sentiment calmed down, Ethereum saw a rebound, with its price moving between $3,251 and $3,451 in the past 24 hours, as reported by CoinGecko.

    Caution Against FOMO

    Despite this optimism, Santiment cautions against the fear of missing out (FOMO), which could potentially halt the rally. The firm suggests that a true buy signal will emerge when traders’ expectations of a quick return to $4,000 slow down, and bullish sentiment calms down again. This advice is particularly relevant given the historical link between extreme bearish sentiment and local bottoms, as noted in reports by Benzinga.

    Market Sentiment Analysis

    The Ethereum Fear and Greed Index, analyzed by CFGI.io, provides further insight into the market’s sentiment. The index, which assigns a numerical value to the Ethereum price evolution, indicates a recent pivot to extreme bullishness among traders. This shift is also reflected in the accumulation of Ethereum by whales, with 394K ETH worth $1.37B being accumulated in just three days, as reported by CFGI.io.

    Retail Traders and Market Trends

    Retail traders have been shifting their focus from meme coins to major assets like Ethereum, which could be a contrarian bottom signal. As Benzinga notes, social metrics indicate extreme fear, with terms like ‘bear market’ dominating crypto chatter. However, this fear could be a sign of capitulation, setting the stage for a potential short-term relief rally if accumulation persists.

    In conclusion, the sudden shift in sentiment among Ethereum traders from fear to euphoria is a significant development. While caution is advised against FOMO, the accumulation of Ethereum by whales and the shift in retail traders’ focus could indicate a potential bottom. As always, it’s crucial for investors to do their own research and consider multiple sources before making any investment decisions.