Cryptography majors And Rose Tuesday as the market is starting to consolidate after the resumption on Monday.
Bitcoin is negotiated at $ 112,900 while Ether is $ 4,150, adding 0.78% and 1.1% respectively in the last 24 hours, while the interests open to the long term increased from $ 29 billion to 31 billion dollars as a sign of bruise.
A large part of Tuesday’s activity occurs in the Altcoin sphere, with a newly completed decentralized scholarship accumulating $ 64 billion in daily negotiation volume while traders rush to use the platform which offers a lever effect up to 300 times.
Positioning of derivatives
by Jacob Joseph
- The market shows the signs of a potential passage to a bias bias, because the derived measures, including the interest and the base open, show a collection.
- Overall, the interests open to BTC have reached around $ 31 billion, against a recent monthly minimum of $ 29 billion. This increase indicates a renewed interest of traders, the binance still leading to $ 12.7 billion.
- The three -month annualized database is also recovered, climbing at 7%, compared to around 6%, which makes basic trade more profitable.
- The BTC options market always has a complex and somewhat contradictory image.
- While the 25 Delta of biases for short -term options continue to decrease, suggesting that traders pay a bonus for the power and signaling a desire for downward protection, the volume of the 24 -hour call tells another story.
- In a clear reversal of recent trends, calls now dominate volume, representing 65% of negotiated contracts. This strong increase indicates that despite the prudent feeling reflected in the bias, a large number of traders are actively positioning themselves for a short -term rally.
- This divergence highlights a highly polarized market, where a mixture of speculative coverage and Paris strategies creates a state of mixed feeling.
- Funding rates on the main places like Binance and OKX have become positive, increasing around 7% and 10% respectively. This indicates an increasing appetite for long leveraged positions, where long traders are now paying shorts, a classic sign of positive feeling on the market.
- While the rate of financing on the hyperliquidal remains volatile, the trend on the key scholarships suggests that traders are once again confident and willing to assume an upward exposure
- Coinglass data shows $ 316 million in liquidation 24 hours a day, with a division of 44-56 between long and shorts. ETH ($ 73 million), BTC ($ 70 million) and others ($ 29 million) were leaders in terms of notional liquidations. The Binance thermal thermal thermal card indicates $ 115,000 as a basic liquidation level to monitor, in the event of a price increase.
Talk about tokens
By Oliver Knight
- The battle for the exchange of derivatives between Aster and Hyperliquid is warmed up.
- The daily trading volume on ASTER based on the BNB channel has increased to $ 64 billion, eclipiding the $ 7.6 billion data in hyperliquid.
- According to the container contributor Core Max Arch, the change is due to Aster’s offer between 100x and 300x. The hyperliquid markets are mainly capped at 40x.
- “The traders follow the lever effect, whatever the quality of the underlying platforms, but we will see how the increased risk which is accompanied by higher lever ceilings affects platforms like Aster in the long term,” wrote Arch on X.
- Arch notes that around 6% of Aster’s trading volume can be attributed to washing trading, much less than some skeptics had estimated.
- The native tokens, aster and hype of the exchanges performed poorly during last week; With the first sliding of $ 2.39 out of Sept. 25 to $ 1.80, while the media threshing is down from the top of Sept. 18 from $ 58.92 to $ 44.32.
- The performance of the downstream tokens compared to the commercial activity can be allocated to a wider Altcoin sale which led to the abolition of $ 200 billion in the total market capitalization of the sector last week, according to CoinmarketCap data.
