📉 #البتكوين – Weak signal from the future

The Basis (the difference between the futures price and the spot price) has fallen below zero, which means there is no Premium right now. On the contrary, traders are selling futures contracts at a discount, which happens during times of fear and low risk appetite.

The return of positive momentum will be seen when the Basis rises again above 0% – 0.5%.

#Onchain $BTC