After a day of chop and no moves worth trading, markets had a nice FOMO long in the European evening. As the graph shows, OKCoin Weekly futures had a nice move back up to the range in 330s that we have been in the past few days.
Additionally, Weeklies went from a discount to a premium, as Quarteries premium went from $2 to $7, indicating that trader sentiment is getting more bullish.
This could be the start of a revival of the bull trend, or false hope before we continue to drop.
Additionally, Weeklies went from a discount to a premium, as Quarteries premium went from $2 to $7, indicating that trader sentiment is getting more bullish.
This could be the start of a revival of the bull trend, or false hope before we continue to drop.
RSS Feed