Chicago Mercantile Exchange CME reports for 02/27/2024.

1 contract is equal to 5 BTC.

Institutional traders added
🔼Long contracts +341
🔽Short contracts + 277
in the range 50500-57500

For the first time in a long time, institutions decided to add a significant number of short contracts, although it is alarming that long contracts are not being reduced.

The CME closes at $63,800 on Friday. (considering the difference on the Binance exchange ~ 52800). It will be very interesting how we will open on Monday; perhaps they will not want to create a gap and will pull it up to these marks.

#btc #cme #институционалы #чикагская traders exchange