đ€Ż $BTC Implied Probability Just Shifted â Hereâs What It Means!
This data reveals how markets are betting on future outcomes, and the signals are fascinating. đ
Essentially, price = probability. A $6.1c âYesâ contract means the market thinks thereâs only a ~6% chance of that outcome. Conversely, a 94Âą âNoâ contract suggests a 94% probability. Weâre seeing low âYesâ prices (2.7Âą-6.1Âą) indicating extremely low confidence, while prices climbing to 70Âą signal strong conviction.
Interestingly, high volume alongside low âYesâ prices points to significant âNoâ sentiment â people are actively betting against the outcome despite the trading activity. This is crucial intel for understanding market positioning. The data also shows a total volume of $522,5140 (likely a typo in the original data).
#Probability #MarketAnalysis #CryptoTrading #DeFi đ
