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11 Dec 2023

Did we just peak?

Analyzing a volatile week in the crypto markets: Price fluctuations, CME traders making moves, and what lies ahead.
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A volatile week
Crypto markets have seen accelerated volatility over the past week. Despite its weekly return of 0%, with BTC now trading at ∼$42k, BTC reached highs of $45k before hitting lows of $40k on Monday. 
CME traders are taking profit
CME traders, one of the high-signal groups in the crypto market, have significantly reduced their long exposure for the first time in this bull run. From Friday to Monday, active market
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