The latest data from the "Moscow Exchange" (MOEX) indicates a notable shift in the behavior of individual traders towards Bitcoin futures contracts.
This move, although local, carries significant implications for market trends.
In summary
Reduction of Long Positions: Individual traders are scaling back their bets on price increases, reflecting a state of caution or profit-taking after recent volatility.
Impact of "Bogdanoff Market Research": Analyses suggest that the exit of individual traders from their positions may alleviate future "selling pressure" or lead to the liquidation of weak positions,
paving the way for a value increase based on stronger market fundamentals.
Record numbers The exchange recorded record trading volumes for cryptocurrencies last November, reaching 48.7 billion rubles, with individuals accounting for about 55% of this activity.
It seems that the whales are waiting for the small traders to exit so that the real party can begin.
Summary
