Bitcoin derivatives analysis covering futures, options, funding rates, open interest, and leverage. Trader-focused BTC signals from Adler AM.
Net taker volume hit +68M while Bitcoin open interest fell 22K BTC. Demand without leverage - watch the 62K reclaim to confirm risk-on.
Bitcoin Net Taker Volume has stalled at zero while long liquidations dominate at +18.4%. With no buyer demand, BTC's path of least resistance points lower.
Bitcoin bounced from $60K to $65.6K on returning taker demand, not a short squeeze. Funding Rate stayed positive 10 days straight - watch for overheating.
Bitcoin bounced 3.7% off $60K, but Open Interest fell 6% with positive funding - a short-covering rebound, not new leverage. Watch OI for confirmation.
Bitcoin Impulse has collapsed to -59 while 30-day taker demand just turned negative. Momentum leads; watch the Bear line for confirmation.
Bitcoin's May rally has unwound to the $70K zone as exchange netflows flipped to inflows and long liquidations dominate. Watch 30D netflow for a turn.
Bitcoin Taker Score collapsed 84 to 31 in 24h while price held flat. Buyer demand vanished as futures microstructure tilts risk-off.
Coinbase Premium Index hit −0.098 - the lowest in May. BTC futures OI stayed flat at 293–303K BTC. The bounce lacks U.S. demand confirmation.
Bitcoin Bull–Bear Index dropped to –23.5, Price Structure at –0.56. Bulls failed to hold above zero in early May. Watch ETF inflows and EMA for regime shift.
Net Taker Volume SMA-30D drops 35% from May peak as bullish momentum fades. Funding Rate holds negative since March. Key level to watch: $78K.
Bitcoin BFMI crashed from 78 to 30 in 48 hours as SMA-7 broke down. Liquidations oscillator holds at -11 to -13. Neutral risk-off regime confirmed.
Bitcoin short liquidations hit $737M peak in Feb, $608M in Apr, with a fresh $175M spike May 4. Trend Pulse holds Neutral Mode at $80K.
