Bitcoin CME Futures Hit All-Time High Gap: Rebound Pressure Emerging?
Original Article Title: "Bitcoin CME Futures Sets $10,000 All-Time High Gap, Facing Rebound Pressure?"
Original Article Author: Arthur Wang, BlockTempo
U.S. President Trump announced last night that he would advance a cryptocurrency strategic reserve plan that includes assets other than BTC, such as SOL, XRP, ADA, and ETH. This news caused a significant turmoil in the Bitcoin market, leading to the largest-ever gap in CME Bitcoin Futures, exceeding $10,000.
According to TradingView data, after Trump's announcement, over $300 billion flooded into the spot market, driving the Bitcoin price from $85,000 to nearly $95,000 within hours and causing a massive $10,000 gap in CME futures. This record far surpassed the previous high of $4,000 in August 2024.
Cryptocurrency analyst Joe McCann pointed out:
· This CME gap far exceeds previous records and may become a key technical indicator for future price corrections.
Why is the Bitcoin CME Futures Gap Important?
The CME Futures gap refers to a situation where the Bitcoin market continues to trade after the Chicago Mercantile Exchange (CME) closes on Friday, causing a price difference when trading resumes on Sunday open (Monday 7 a.m. Beijing time) compared to the Friday closing price.
Traders generally believe that these gaps have the opportunity to be "filled," meaning the Bitcoin price may fall back to test the $85,000 range. Analyst Rekt Capital stated:
· Bitcoin successfully filled two CME gaps within a week.
· However, during this process, Bitcoin also created a massive new CME gap between $84,650 and $94,000.
However, based on past market cycles, such large-scale gaps may take several months to fill and will not happen overnight. Cryptocurrency KOL Sommi also noted:
In the 2021 bull market cycle, two significant CME gaps appeared, which were not filled until the bear market.
Altcoin Reserve in Sight?
On the other hand, Trump hinted at a decision regarding an altcoin reserve other than Bitcoin, sparking mixed reactions in the market. Many Bitcoin supporters believe that the strategic reserve should focus on Bitcoin alone and not include other cryptocurrencies.
Casa CEO Nick Neuman further emphasized:
· The only cryptocurrency that is rationally suitable for a national reserve is Bitcoin, a digitally scarce asset, especially those coins with no utility should not be considered at all.
Some market observers believe that this reserve plan may ultimately revert to a "Bitcoin-first" strategy. Pierre Rochard, Vice President of Bitcoin mining company Riot Platforms, stated:
· Strategic cryptocurrency reserves will ultimately become holding only Bitcoin because the value of other altcoins will eventually approach zero.
White House to Hold First-Ever "Cryptocurrency Summit" on March 7
Trump will host the first-ever White House cryptocurrency summit on the 7th. Trump will deliver a speech at the summit, and attendees will include prominent founders, CEOs, and investors in the cryptocurrency industry, as well as members of the Presidential Working Group on Digital Assets.
The White House will hold its first "Cryptocurrency Summit" on March 7, hosted by White House AI and Crypto Czar David Sacks, and administratively managed by the Executive Director of the Presidential Working Group on Digital Assets, Bo Hines, potentially offering further explanations on the reserve plan.
You may also like
Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention
Every exchange is a "Universal Exchange."
The counterattack of traditional finance: Alliance chains are quietly reviving
Pantera Capital Partner: How Tokenization is Restructuring the Private Equity and Early Investment Ecosystem?
Mastercard Launches Agent Pay for AI, Plans to Record AI Agent Payment Authorizations on Polygon
Mastercard launched Agent Pay for AI, a new payment protocol designed to help AI agents make small payments such as pay-per-use access to data and APIs. The system plans to record human-granted AI agent permissions on Polygon, focusing on verifiable authorization, identity, and payment controls.
Curve Deploys Llamalend v2 on Optimism With 250,000 OP Incentives
Curve launched Llamalend v2 on Optimism with 250,000 OP incentives from the Optimism Foundation. The upgrade expands Llamalend beyond its earlier crvUSD-focused model, adding broader collateral support, LlamaRisk market reviews, and the ability to use Curve LP tokens as collateral.
Raydium Old Liquidity Pool Reportedly Exploited, With $1.34 Million Moved to Ethereum and Tornado Cash
An old Raydium liquidity pool was reportedly exploited for around $1.34 million in USDC, RAY, and wSOL, with the stolen funds bridged to Ethereum and deposited into Tornado Cash. The incident highlights the tail risks of legacy DeFi pools, old contracts, and cross-chain fund laundering paths.
Kalshi Executive Challenges “SBF Backed AI Unicorns” Narrative, Says Leopold Aschenbrenner Was Key Figure
Kalshi executive John Wang questioned the “SBF backed AI unicorns” narrative, saying Leopold Aschenbrenner was the key figure behind major AI investment decisions.
New York Proposes Stricter Stablecoin Issuer Rules Aligned With Federal GENIUS Act
NYDFS proposed stricter stablecoin issuer rules aligned with the GENIUS Act, covering reserves, custody, redemption timelines, audits, and capital buffers.
CryptoQuant Says Bitcoin Profitable Supply Is Near 45% Pressure Zone as On-Chain Data Points to Market Repricing
CryptoQuant said Bitcoin’s profitable supply is nearing the 45% pressure zone, signaling rising market stress, unrealized losses, and a possible on-chain repricing phase.
Bitcoin Falls Below 200-Week Moving Average as On-Chain Data Shows Over Half of Supply in Loss
Bitcoin dropped below its 200-week moving average as on-chain data showed over 50% of circulating supply is now in loss, signaling rising market stress.
CFTC Reportedly Plans New Prediction Market Rules Focused on Manipulation Risk and Public Interest Review
The CFTC is reportedly preparing new prediction market rules focused on manipulation risk, public interest review, and retail trader protections.
Meet the new WEEX trial fund—your gateway to greater profits
WEEX Labs Lands at Dutch Blockchain Week: A Disruptive Crypto × AI Conversation Sets Sail in Amsterdam
SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June
SK Hynix may pursue a U.S. ADR listing as early as August, with SEC approval reportedly possible in late June amid strong AI chip supply chain demand.
Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention
Every exchange is a "Universal Exchange."
The counterattack of traditional finance: Alliance chains are quietly reviving
