Coinbase Premium Gap for 88.7 Mean Say Spot and Futures Go Rally
Fresh CryptoQuant data show say Bitcoin Coinbase Premium Gapt spike to 88.7 on August 15, mean say institutional spot demand for US high well-well, wey dem dey associate with bullish momentum. Retail futures traders sef show confidence as dem boost long positions plus whale order size over $100K. Meanwhile, CoinGlass talk say BTC long/short ratio na 51%, to show say bull still dey control after small dip below parity. The mix of institutional spot buying plus retail futures accumulation mean say strong bullish setup dey. But high leveraged longs fit increase liquidate risk when market shock hit. Traders suppose monitor Coinbase Premium Gap, leverage levels plus futures position, and use risk management well well to take care of possible pullbacks.
Bullish
Di increase wey dey for Coinbase Premium Gap reach 88.7 plus the increase for retail futures long positions show say strong institutional spot and retail demand dey, wey historically dey happen before Bitcoin price rally. The BTC long/short ratio for 51% still confirm say na bull market dey dominate. Even though high leverage fit increase liquidation risk during sharp market swings, the combined demand dey provide short-term upward momentum and potential for strong long-term gains, wey support bullish outlook.