Bitcoin CME Futures
Short

CME ETF Premium Fizzling out

31
BlackRock Had refiled for a ETF for BTC with coinbase
But the Premium has started too fizzle

Decent ROI on a short targeting 28k if this Range POC
Acts as a Area of support too the downside
I think we could see that 28k are get hit
if spot selling occurs
29700 spot market area too watch hold
The CME Premium is coming back closer too Perp price witch is a tell tail
of risk off letting this parameter play out a Short from the 31k rejection
This morning CPI news Is a good hold too let ride down

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.