📰 The derivatives market has shifted to an optimistic state ahead of the Fed meeting
Data from #CryptoQuant shows that investor sentiment has changed dramatically as Bitcoin surpassed the $70,000 mark:
- Short positions have been liquidated en masse as prices recover.
- New long positions are being established strongly above 73,000 #usd
- The market structure has reversed with an absolute advantage belonging to the buyers on the futures exchange.
👉 The market is betting on a positive scenario from the upcoming macroeconomic decisions of #Fed