📊 Key Metrics
1. Funding Rate: ~0.018% (on Binance)
— positive rate indicates long position dominance and bullish sentiment
2. Open Interest (OI):
29B, up ~77B in recent days
— rising OI suggests new positions are opening, increasing volatility risk
3. ETF Inflows: +$420.9M (May 6)
— strong institutional demand, especially into BlackRock’s IBIT
4. Fear & Greed Index: 67 (Greed)
— rising greed may signal potential for a short-term correction
⸻
📈 Market Movement Probability
• Upward: 60%
(supported by ETF inflows and positive funding)
• Downward: 40%
(high greed and rising OI could trigger a correction)
⸻
Disclaimer: This is not financial advice. Always do your own research.
1. Funding Rate: ~0.018% (on Binance)
— positive rate indicates long position dominance and bullish sentiment
2. Open Interest (OI):
29B, up ~77B in recent days— rising OI suggests new positions are opening, increasing volatility risk
3. ETF Inflows: +$420.9M (May 6)
— strong institutional demand, especially into BlackRock’s IBIT
4. Fear & Greed Index: 67 (Greed)
— rising greed may signal potential for a short-term correction
⸻
📈 Market Movement Probability
• Upward: 60%
(supported by ETF inflows and positive funding)
• Downward: 40%
(high greed and rising OI could trigger a correction)
⸻
Disclaimer: This is not financial advice. Always do your own research.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.