Crypto Money Market After a harsh decline last week, he’s trying to recover. Bitcoin $113,362.30 112,000 dollars, Ethereum
$4,170.04 4.100 dollars. Especially on Friday, despite the powerful outlets seen in crypto currency ETFs, the spotlight was preserved on the spot market at the weekend. QCP Capital reported that the direction of institutional demand will determine ETF entrances this week. Historically strong performance of October also noted that investors have increased their expectations.
NFP uncertainty reduced volatility
QCP CapitalAccording to the latest market analysis, volatility indicators turned the direction down. The markets are currently planned to be announced on Friday this week USA non -agricultural employment (NFP) is consolidated before the data. Despite the possibility of the US government closing, investors have a high risk appetite. Wall Street‘The gains in the crypto currency market positively reflected and limit decline expectations.
On the ETF side, especially after the end of the quarter’s balance sheet effect, the sales pressure was absorbed more easily than expected. While QCP Capital shows the durability of spot markets, the ETF figures to be announced in the coming days are expected to reveal the power of institutional demand.
Analysts are expected to be confirmed again if Bitcoin increases over $ 115,000. In option markets BTC both Eth Gradually returning to the normal normalization of the idol tendency and open position imbalance reveals that investors have gained confidence again.
Mobility increases in leveraged transactions
QCP Capital analysts noted that despite harsh liquidations last week, optimism has increased again in leveraged transactions. The reason for this is that the open position size increased from 42.8 billion dollars to 43.6 billion dollars in indefinite transaction contracts. The fact that the funding rates remain positive in Bitcoin futures reflects that the Long -oriented appetite is increasing.
Especially Deribit In contracts traded on the stock market, the increase in annual return to 13 percent indicates that the need to take risks increased. In the Hyperliquid stock exchange, the Long -oriented position rate increases from 36 percent to 57 percent, while investors play rather than decline.
Despite the wavy course during September, Bitcoin is still priced with an increase of more than 3 percent on a monthly basis. This painting strengthens the expectations that the crypto money market enters the historically strong “upboard” period.