Hedge Funds Adopt Largest Bearish Position in CME Micro Bitcoin Futures since 2021
Hedge funds are showing a bearish outlook on BTC through CME Micro Bitcoin Futures, marking their largest net short positions since 2021.
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Hedge funds are showing a bearish outlook on BTC through CME Micro Bitcoin Futures, marking their largest net short positions since 2021.
Aditya Arora of Adlytick foresees Nifty correction post-election due to market overvaluation. He says a short-term spike is possible and suggests caution and waiting for trading opportunities. Arora says: "Whatever is the top for the market, from there we see a correction of 1,000 to 4,000 points." He further recommends a Britannia buy for potential outperformance in choppy market conditions.
Coming to the buildup of fresh short positions, when the stock prices move downward and open interest on the counter increases, it is taken as a sign of a short build-up.
We have a situation where there is still bullish pressure on crude from both the demand and supply side, despite a sustained climb in prices this year
Money managers have become increasingly bullish on crude oil amid the geopolitical tensions in the Middle East and growing confidence that the U.S. will successfully avoid a recession this year