🔍 Analysis of the Perpetual-Spot Price Gap (Binance)
Right now, the spot price of Bitcoin remains higher than the perpetual (derivatives) price on Binance. This suggests that market euphoria hasn't taken over yet, especially in the futures market.
However, the negative gap is steadily narrowing, which indicates a shifting sentiment — from cautious accumulation to growing optimism.
Historically, when this indicator turned green (positive gap), Bitcoin entered a parabolic rally, often driven by leverage and FOMO in derivatives.
📉 We're still in negative territory.
📈 But the trend is moving upward.
👉 This may signal that the market is still in a preparation phase, not yet in full bullish exuberance.
Keep an eye on this metric flipping positive — it could be the trigger for a stronger and more aggressive uptrend.
Written by joaowedson
