Futures Sentiment

Definition ∞ Futures Sentiment refers to the collective attitude or outlook of traders regarding the future price direction of an underlying asset, as expressed through the futures market. It is often gauged by analyzing open interest, trading volumes, and the premium or discount of futures contracts relative to the spot price. This sentiment provides insights into market expectations and potential price trends.
Context ∞ Current analysis of Futures Sentiment in the crypto space often involves examining the positioning of large traders and institutional players in futures markets. Observers are assessing whether the prevailing sentiment is bullish or bearish, and how it correlates with on-chain data and broader market trends. The influence of macroeconomic factors on futures sentiment and its predictive power for spot market movements are subjects of ongoing investigation.