Bitcoin Futures Turn Bearish Despite ETF Inflows

Key takeaways: The Bitcoin futures premium dropped to a 3-month low, even with prices just 8% below their all-time high. BTC options metrics turned bearish, despite stock market resilience amid macroeconomic pressure. Bitcoin (BTC) derivatives metrics are flirting with bearishness despite BTC price trading just 8% below its all-time high at $103,300. Cryptocurrency traders are known for their short temper, especially those trading leveraged futures positions, but there is something unusual about the current lack of optimism. Are deteriorating macroeconomic conditions behind BTC’s drop to $102,400? Bitcoin derivatives’ weakness may…

Bitcoin’s Dominance Could Kill Altseason Dreams, Analyst Warns

According to an analyst on X, Bitcoin’s grip on the market looks too strong for altcoins to break free any time soon. Bitcoin’s price ticked up to around $104,000 after climbing 0.4%. It had dipped briefly to $103,000 but buyers stepped in fast. That push drove it back toward the $105K mark. At the same time, the US Federal Reserve held interest rates steady, keeping traders on alert for any ripple effects. Bull Market Support Band Explained Based on reports, the Bull Market Support Band sits between two key moving…