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CME Bitcoin Futures Gap Trading Logic Ends, Bullish Positioning Yet to Form Clear Trend

2026-05-28 13:07

Odaily Odaily reports that Bitcoin trading is undergoing a structural change. Starting May 29, 2026, CME Bitcoin futures will trade 24/7, ending the phenomenon of the "CME Gap" caused by weekend market closures, meaning this classic short-term technical indicator will no longer appear. The market has now closed the most recent week's Bitcoin CME gap, and the price is currently oscillating within the remaining gap range. This structural change implies that traditional short-term technical analysis references will need to be reconstructed. At present, large trader short positions are continuously declining, and short-term selling pressure has eased. However, bullish positioning has yet to form a clear trend, suggesting that Bitcoin's short-term price may still experience volatility. (Cointelegraph)