Quick Take Capriole Investments’ derivatives data offers a unique lens into Bitcoin’s market health. By analyzing Bitcoin perpetual, futures, and options weighted by open interest, Capriole defines a metric that provides valuable insights. Higher values on this metric indicate bearishness, signaling excessive leverage and speculation in the market. Conversely, lower values suggest bullishness, reflecting fear […]
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Derivatives data tracking Bitcoin’s response to global crises shows market cycle far from over