The latest report highlights a shift in market dynamics among cryptocurrency traders following the recent U.S. elections. According to Bybit and Block Scholes, there is a prevailing trend where traders prefer leveraged long positions.
This shift is particularly noted in perpetuals and futures contracts, suggesting a perception of stability or anticipated growth in the markets after Trump's victory.
The political outcome seems to provide a sense of certainty, encouraging traders to engage in more bullish positions with increased leverage, hoping to maximize potential profits.
This market behavior could indicate confidence in the future economic strategies and policies anticipated from the new administration, reflecting an optimistic outlook among investors in the crypto space.
Source: news.bitcoin.com ↗