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via CoinDesk · By CoinDesk Staff

Bitcoin, ether traders aren't fully buying the bounce, options markets show: Crypto Daily

BTC

BTC/USDT

$62,742.00
+0.40%
24h Volume

$8,729,989,910.97

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

Long/Short
61.7%
Long: 61.7%Short: 38.3%
Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,726.97

-0.66%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,853.85
Resistance 1$63,135.55
Price$62,726.97
Support 1$62,398.28
Support 2$60,639.83
Support 3$57,800.19
Pivot (PP):$62,769.19
Trend:Downtrend
RSI (14):48.3
CS
CoinDesk Staff
(11:27 AM UTC)
1 min read
EW
Reviewed byEmily Watson
864 views
0 comments
Options markets show crypto traders still feel the need for a lifesaver. (Markus Spiske/Unsplash)

Summary

This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.

With bitcoin BTC$61,884.29 and the broader crypto market showing signs of life, defensive positioning in the market has eased, not disappeared, a sign of continued caution.

This is evident from the BTC…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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