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Bitcoin futures CoT report breakdown: Shorts are still in the lead

  • Leveraged funds cut shorts heavily (454) vs longs which also cut long positions by 192 contracts.
  • Asset managers increased short positions by 79 contracts and trimmed longs by 18 contracts.

This week’s commitment of traders report (CoT) shows short positions are still in the lead in both leveraged funds and asset managers. In terms of the change from last week. Asset managers have increased short positions by 79 contrast while trimming 18 longs. Leveraged funds cut both longs and shorts but more short positions have been liquidated (454 shorts vs 192 longs). So this weeks report is a mixed bag but the traders clearly still favour holding shorts over longs in the futures market.
 

Bitcoin Cot report data

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