How does the front month affect the price of digital currencies?

1 answers

• Nov 25, 2021 · 3 years ago
  At BYDFi, we recognize the significance of the front month in shaping the price of digital currencies. As the nearest expiration month for futures contracts, it reflects the market's short-term sentiment and expectations. Traders and investors closely monitor the front month to gauge the near-term price movement and adjust their strategies accordingly. The front month can act as a leading indicator, providing insights into the market's sentiment and potential price trends. Understanding the impact of the front month is crucial for making informed trading decisions and analyzing the price dynamics of digital currencies.
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