Bitcoin Futures Show Optimism Despite Economic Concerns

According to Odaily, Bitcoin futures monthly contracts are trading at a premium, with an annualized premium of 11%, surpassing the neutral range of 5% to 10%. This indicates a generally optimistic sentiment among market participants. Similarly, the funding rates for perpetual BTC contracts, favored by retail traders, remain positive, suggesting a neutral to positive market sentiment. Data from Laevitas shows that there was a temporary increase in demand for put positions yesterday, causing funding rates to briefly turn negative. However, this indicator quickly returned to normal, indicating no sustained bearish sentiment in the Bitcoin futures market. Analysts caution that traders should consider risks associated with a potential global economic slowdown, as uncertainty drives investors towards cash positions. Regardless of actions taken by former President Trump, the fiscal outlook for the United States in 2025 remains challenging, with recession risks persisting. This environment may dampen short-term interest in Bitcoin, as investors prioritize safety over assets perceived as risky.