After Trump's announcement of his cryptocurrency strategy, the CME gap hit a record high

robot
Abstract generation in progress

Immediately after U.S. President Trump officially announced his cryptocurrency strategy reserves, the global cryptocurrency market responded enthusiastically. Notably, the CME gap in Bitcoin futures at the Chicago Mercantile Exchange reached its largest size ever. This event is being viewed as a key signal that goes beyond simple market fluctuations, providing insight into institutional investors’ psychology and market structure.

What is a CME Gap and Why Did the Market React?

A CME gap refers to the difference between the price of Bitcoin at market close on the exchange and the price at the next trading session. These gaps serve as indicators reflecting sudden shifts in market sentiment and are important signals that institutional investors pay attention to. According to Cointelegraph, following Trump’s announcement of his cryptocurrency strategy, over $300 billion in trading volume flowed into the spot market, creating a historic CME gap of $10,000 in Bitcoin futures. Such a large gap suggests active repositioning by institutional players.

Surpassing Past Records with the Largest CME Gap Ever

This CME gap record has surpassed all previous records. Data from TradingView shows that in August 2024, a CME gap of approximately $4,000 was the largest at that time. However, this time, a gap of over $10,000—more than twice that size—has been formed, setting a new milestone. Market experts, including Joe McCann, founder of Asymmetric, are closely observing this phenomenon, interpreting it as evidence of large-scale inflows of institutional funds.

Analysts’ Interpretations of CME Gap Filling and Market Signals

Analyst Rekt Capital noted the pattern of Bitcoin gap filling. He pointed out that the CME gap between $92,800 and $94,000, formed during last week’s spot market crash, was successfully closed. Interestingly, despite Bitcoin filling two large CME gaps within just a week, a new massive CME gap between $84,650 and $94,000 has formed again. This indicates that market volatility remains high and that institutional investors may continue adjusting their positions. Currently, Bitcoin is trading around $68,930, and market watchers are paying close attention to the next moves within this dynamic.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)