A CME futures gap has formed just below current price levels, sitting in the $87.8K to $88K range. This positioning creates a compelling scenario for potential downside movement in the near term.
Gap fills are a classic feature of futures markets—and this one's proximity makes a short-term sweep entirely plausible. The question traders are asking: will Bitcoin close this gap today, or will price action hold above it?
The technical setup has caught attention. If selling pressure builds, that gap could become an attractive target. Worth monitoring closely during the session.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
6
Repost
Share
Comment
0/400
ThreeHornBlasts
· 7h ago
87.8K that gap really can't hold anymore, feels like it needs to be filled today...
View OriginalReply0
BackrowObserver
· 9h ago
Is it really that easy to fill this 88k gap? I have my doubts...
View OriginalReply0
LiquidationOracle
· 9h ago
Coming back to the gap fill set? I've had my eye on the 87.8 level for a while. Let's see if there's the guts for a sharp drop today.
View OriginalReply0
AllInAlice
· 9h ago
Ha, you're going to dump again, right? I bet 5 coins to buy in today.
View OriginalReply0
ImpermanentLossFan
· 9h ago
Here comes the gap fill routine again. Will the trap at 87.8K really crash down... or does it just feel like it's being used as FUD?
View OriginalReply0
SeasonedInvestor
· 9h ago
Talking about the gap again, I'm already tired of it. The 8.8 level has been tested repeatedly, only a real push will make it interesting.
A CME futures gap has formed just below current price levels, sitting in the $87.8K to $88K range. This positioning creates a compelling scenario for potential downside movement in the near term.
Gap fills are a classic feature of futures markets—and this one's proximity makes a short-term sweep entirely plausible. The question traders are asking: will Bitcoin close this gap today, or will price action hold above it?
The technical setup has caught attention. If selling pressure builds, that gap could become an attractive target. Worth monitoring closely during the session.