Bitcoin Futures ‘Backwardation’ Could Signal Bearish Mood
Bitcoin futures listed on the Chicago Mercantile Exchange slipped into prolonged backwardation during September, the crypto platform Luno said in a research report. Source
Read More
Backwardation
Ether's Deepest Backwardation Since 2020 Crash Shows Traders Prepping for Ethereum PoW Split
Traders buy ETH in the spot market and sell ether futures to withstand volatility, creating backwardation. Original Source
Read More
Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge
Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction.Ethereum quarterly futures in backwardationOn the daily chart, Ethereum futures quarterly
Read More