Bitcoin’s recovery above $74,000 highlights a rapidly improving market, but several data points suggest that pro traders remain cautious and skeptical.
Key takeaways:
Bitcoin derivatives remain bearish as traders hedge against a price drop despite BTC reclaiming the $74,000 level.
Fears of a global energy shortage mount as the Strait of Hormuz remains closed, forcing investors into safe-haven Treasury assets.
Hyperliquid (HYPE) has climbed to fresh highs for the first time since November, bringing the market’s focus...
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