Bitcoin CME Futures Gap Signals Potential Reversal Zone

Bitcoin CME Futures have drawn traders’ attention as price action hovers around a critical gap zone. Historically, these gaps tend to act as magnets for price, often leading to retracements or reversals once filled. The recent move to $102K and subsequent rebound toward $112K marks a key technical event to monitor closely.

From a technical standpoint, the current open CME gap beneath the price is an area of high probability interest. These gaps typically get filled before a new directional trend resumes, making this region crucial for traders assessing the next major move.

Key Points:
- CME Gap at $102K Region: This gap remains a magnet for price action and could determine the next short-term direction.
- Price Reaction: The bounce from $102K to $112K suggests early signs of accumulation after the fill attempt.
- Historical Pattern: Bitcoin has a strong track record of filling CME gaps before resuming its broader trend.

As price stabilizes above $102K, traders should watch for confirmation candles and volume inflow signaling whether the reversal is sustainable or if another leg lower will test the gap’s depth.