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Analysis: Bitcoin returns to $93,000, but CME BTC and ETH open interest both decline

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Odaily Planet Daily News: The cryptocurrency market has seen a much-needed rebound, with Bitcoin prices rising 6.6% in 24 hours to reach $93,000. However, on the Deribit platform, BTC and ETH put options are still trading at higher prices than call options. In addition, open interest in Bitcoin futures on the Chicago Mercantile Exchange (CME) dropped to 121,670 contracts, the lowest level since February 2024. Ethereum futures open interest also decreased, falling to 1.95 million ETH, the lowest level since September. (CoinDesk)

BTC-0.64%
ETH2.56%
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XiangdongAtAGlancevip
· 6h ago
On December 4, government bond futures extended their losses, with the 30-year bond falling nearly 1% and the 10-year bond down 0.3%. A-shares and U.S.-listed Chinese stocks underperformed, and Vanke's onshore bonds saw significant declines. The market weakness may be due to year-end liquidity expectations and concerns over corporate earnings growth, with the Japanese market also acting as a disruptive factor. Pacific Securities is optimistic about a recovery in global risk appetite and expects A-shares to trend upward in the medium to long term; Dongwu Securities notes that the Hong Kong stock market rebound requires new catalysts and warns of overseas risks.
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GateUser-6ddb5675vip
· 9h ago
BTC will still keep going up despite a lot of FUD news.
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LIONMESSIvip
· 11h ago
to the moon
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DimasMaulanavip
· 12h ago
bear market sudah tidak ada lagi dan siklus 4 tahunan telah berubah
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HaonanChenvip
· 13h ago
Poor farmers, what's there left to say? Just go short directly. I think it's totally reasonable for this round to drop back to just over a thousand.
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Shortonlyvip
· 13h ago
The bear market is gone and the 4-year cycle has changed.
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GateUser-9387b58evip
· 17h ago
Watching Closely 🔍
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GateUser-8857102evip
· 20h ago
really interesting info #btc
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GateUser-8c384f35vip
· 22h ago
yeah great market
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SunkenFishvip
· 12-03 13:02
$BNB I just sold all my BNB at 880. I have a feeling the market will suddenly crash 📉. I hope I'm wrong. In September 2021, ten ministries also issued an announcement just like today, then it hit a new high, and after that, it dropped for over two years.
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