Decoding Bitcoin: Pro Traders Remain Positive Despite 11.4% Drop in Futures and Options Data 🐂
Despite an 11.4% price drop, #BTC futures and options data show that professional traders' sentiment remained unaffected.
Reduced #volatility and decline in order book depth might be linked, as market makers adjust algorithms. Examining derivatives market reveals previous price drops didn't deter market optimism.
BTC futures' premium held #steady during recent correction, indicating confidence. Options data confirms lack of bearish momentum, reducing likelihood of extended price correction. Pro traders stay positive despite recent BTC price fluctuations.
