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After the Bitcoin sell-off, CME futures show a significant gap

After the Bitcoin sell-off, CME futures show a significant gap

币界网币界网2026/02/02 05:25
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According to CoinWorld, the sharp drop in bitcoin prices has led to one of the largest gaps ever seen in Chicago Mercantile Exchange (CME) futures contracts, exceeding 8%. The price fell more than 10% from weekend highs to around $75,947. Influenced by macroeconomic and geopolitical concerns, this plunge triggered over $2.56 billion in liquidations on Sunday alone. Analysts point out that the market is currently undergoing a "healthy deleveraging" phase, with open interest dropping to a nine-month low, while technical indicators such as the weekly Relative Strength Index (RSI) at 32.22 also suggest the market is nearing saturation. Although the CME gap between $77,000 and $84,000 may be attractive, traders remain defensive, with option market skew indicating strong demand for downside protection.
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