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The bitcoin market is building positive sentiment, with a three-month annualized basis increasing by more than 10% over the weekend.

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2024-05-20 13:42:18
Zerocap analysts said that bitcoin's three-month annualized basis soared to more than 10% over the weekend, indicating that the market is building positive sentiment. It is reported that the futures basis is the spot price of a commodity or asset at a particular location, and the price difference between a particular futures contract for the same commodity or asset. The size and change of the basis is very important to investors and traders because it not only reflects the magnitude of the movement between the spot price and the futures price, but also affects the strategy and effectiveness of hedging.
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