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Bitcoin CME futures gap unfilled levels represent significant price zones where the market has not yet returned to fill the price difference between weekly closing and opening prices. These gaps occur because CME Bitcoin futures trade only during traditional market hours from Monday to Friday, while the spot Bitcoin market operates 24/7.
When CME futures close on Friday and reopen on Monday, if the spot price has moved significantly during the weekend, a price gap appears on the futures chart. These unfilled gaps often act as magnetic price targets that the market tends to revisit eventually. Traders closely monitor these levels as they can provide valuable trading opportunities and indicate potential support or resistance areas.
The persistence of unfilled CME gaps in Bitcoin futures has become an important technical analysis tool for cryptocurrency traders. Some gaps remain unfilled for extended periods, while others get filled relatively quickly. Understanding these patterns helps traders develop better risk management strategies and identify potential entry and exit points in the volatile cryptocurrency market. |
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