Chicago Mercantile Exchange CME reports for 03/26/2024.
1 contract is equal to 5 BTC.
Institutional traders added:
🔼Long contracts +1187
🔽Short contracts + 64
in the range 61000-71000
With so many long contracts, it looks like we are not going to fall yet. Below us there is an unclosed gap (price gap with CME, which we are not trying to fill 66480-64280).
❕Institutions began to add the first short contracts in the range of $50,500-57,500.
CME closes at $71,500 on Friday (difference to Binance $600 ~ range 70,900).
The priority on the chart is Long.
