Total crypto market cap falls to $840B, but derivatives data shows traders are neutral

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Total crypto market cap falls to $840B, but derivatives data shows traders are neutral
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It might seem like the world is falling, but data says otherwise.

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up for early access on Dec. 6, indicating investors had anticipated the event.

Traders should also analyze the options markets to understand whether whales and arbitrage desks have placed higher bets on bullish or bearish strategies.Traders can gauge the market's overall sentiment by measuring whether more activity is going through call options or put options. Generally speaking, call options are used for bullish strategies, whereas put options are for bearish ones.

Despite the weekly price decline in a handful of altcoins and the 2% drop in total market capitalization, there have been no signs of sentiment worsening, according to derivatives metrics.

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Cointelegraph /  🏆 562. in KR
 

soon corechain will launch its mainnet and the world's hope will be so sure

Is it? And I feel like it's just falling apart.

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