Major cryptocurrencies, including bitcoin ether (Eth)Xrp Solara And others are negotiated on foot after reducing the interest rate on Wednesday by the federal reserve.
However, some analysts maintain a cautious bias.
“The drop in the Fed rate gave Crypto a short-term elevator, but the rally is not yet clean,” said Timothy Misir, research manager, BRN, in an email. “Institutional flows are generally favorable, but exchange entries and a distribution of FNB exit signal in one day in force.”
Traders suggested by Misir use a Bitcoin price strip of $ 115,000 at $ 115,500 as a railing for tactical risk management.
Positioning of derivatives
By Omkar Godbole
- BNB, Avx and Dot have all seen two -digit increases in the long -term interest (OI) In the past 24 hours, strengthening their price earnings from 5% to 9%.
- The BTC cumulative OUD in USD and the perpetual assets denominated by the USDT continue to lower, diverging ascendant prices. Perhaps derivative traders do not participate in the rally. (Consult the technical analysis section.)
- BCH, TRX, BNB, BTC, XMR, AVAX and SU stands with a cumulative volume delta adjusted to the positive open interest, indicating a strong purchase pressure.
- There is no sign of overheating even in the other corners of the cryptography market, because annualized financing rates for smaller speculative tokens remain at around 10%.
- On the CME, where in Ether Futures closes again on the 2 million Eth million mark, while positioning in the BTC term contracts remains considerably light. The annualized base of three months for the two tokens remains less than 10%, offering a significantly lower yield to transport traders than the yield of 17% soil.
- Disciplinary, risk inversions at 25 Delta reveal a neutral to (put) through the expiration options in March. On the other hand, ether options are optimistic in all tenors.
- Block flows on the OTC network paradigm included the request for the call of $ 116,000 expired on September 19 and the Put of $ 100,000 expired on October 31.
Talk about tokens
By Oliver Knight
- The Altcoin market organized a solid rebound after the RSI readings of Wednesday, with several tokens displaying gains greater than 10%.
- Direct the east rally.fi (Ethfi)In addition to 12% in the last 24 hours to $ 1.64, the highest since January.
- BNB also won an important step, allowing $ 1,000 for the first time while Momentum has accelerates to new records.
- The bullish backdrop occurs while Bitcoin slips around $ 117,300, consolidating above critical support at $ 110,000.
- Meanwhile, Bitcoin’s domination has slipped 56% at Coinmarketcap, its lowest since early January, highlighting the growing appetite for investors for more speculative investments.
- Decentralized finance (Challenge) The sector was one of the largest beneficiaries of Thursday’s movement above, with a total locked value (TVL) In all protocols reaching $ 170 billion, the highest point since April 2022.
- The hyperliquid layer-1 blockchain marked a record summit of $ 2.77 billion after increasing 3.88% in 24 hours, while TVL de Su is up 3% to 2.1 billion dollars.
