CFTC Position Report Interpretation

May 16,2022
According to KingData monitoring, CFTC's weekly report on CME bitcoin futures positions for May 4 through May 10 shows: Total open interest increased slightly from 10,051 to 10,841. Institutional long positions 7,881, short positions 8,882, long to short position ratio 1:1.1, institutional long and short forces are on par, slightly tilted toward bear. Other reportable have 1,135 long positions and 220 short positions, with a long to short position ratio of 5.2:1, showing more optimistic attitude toward the market. Non-reportable long positions 989, short positions 909, long to short position ratio 1.1:1, long and short forces are balanced, slightly bullish.
This indicator provides a weekly analysis of the CFTC's updated CME Bitcoin Positions futures holdings report.
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