Bitcoin futures on the Chicago Mercantile Exchange have recorded a difference of $ 10,350, the largest CME bitcoin futures gap in the history of the exchange.
According to March 2 of the tradingview dataThe CME Bitcoin (BTC) futures closed at $ 84,650 in the previous season and opened at $ 95,000 in the next, creating a sufficient difference of $ 10,350. This difference crosses the previous record of more than $ 4,000 seen in August 2024 to a great extent.
A CME gap occurs because Bitcoin trades 24/7 on the global crypto markets, while the CME Futures stops on the weekend. If the price of bitcoin increases significantly during this period, a gap is formed between Friday’s closing price and Sunday evening starting price.
Traders often monitor these intervals because bitcoin has a history of “filling”, which means that its price usually returns to the interval level before proceeding in any direction. This is caused by liquidity imbalance, as institutional traders often order around uncontrolled price areas.
After the announcement of the US Crypto Strategic Reserve on 2 March, Bitcoin grew from $ 85,000 to about $ 95,000, the latest interval came to light. This news injected more than $ 300 billion in spot markets, highlighting bitcoin and ultcoin.
Bitcoin has already had a previous difference between $ 92,800 and $ 94,000, but in doing so, it created a huge between $ 84,650 and $ 94,000. Despite the fact that it may take weeks or months, many traders estimate that bitcoin will eventually return to these levels.
According to historical data, large gaps usually fill, but the time is unexpected. In the 2021 bull market, some gaps only closed in the later bears market. Bitcoin is still on an uptrend, but traders are now monitoring whether the market will stop this difference by correcting it.
