While the spot trading volume made smaller peaks over the past year, Futures trading has remained strong.

While the spot trading volume made smaller peaks over the past year, Futures trading has remained strong.

Bulls eye a move past $3.2, but MYX’s mixed timeframes leave traders watching for clearer conviction.

Traders must remain patient for a range breakout to occur on high trading volume before betting on the next direction.

The high weekend volatility meant that long positions were highly risky, and short-selling was rampant.

The anticipated dovish Federal policy saw the Coinbase Premium Index turn positive on 28 November.

A sustained growth in spot demand and OI is necessary to drive the next rally.

BNB inches higher, yet resistance zones threaten to cap the move quickly.

Whales closing their BTC longs could also mean that smart money believed the upside is limited.

Lack of overwhelming buying volume in recent days could have an impact.