Data Summary
Commitment of Traders Report
- Dealers STILL have no Long positions
- Leveraged Funds added size to their net Short this week
- NonReportables and Reportables piled on the Longs at the same time, which doesn’t happen too often.
Bitcoin Hash Rate 7 Day Average
Bitcoin Hash Rate 7 day rolling average continues to consolidate but there was a large hiccup in the 1 day raw data as there was a landslide that impacted miners in Sichuan Province, China.
Bitcoin Fear & Greed Index
Fear & Greed is still in the high 70’s. Seems like traders are getting complacent, especially with Ghost Month upon us.
