Bitcoin Stuck in Range as Futures Market Dominates Price Action
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 01 2026- Futures Volume Decline: Daily Bitcoin futures volume has plummeted from approximately $123 billion to $63 billion since November 22, indicating a significant drop in market activity that has contributed to reduced volatility and further constrained price ranges.
- Persistent Negative Net Taker Volume: The net taker volume metric has remained predominantly negative, suggesting that market sell orders consistently outweigh buys, which has increased downside pressure on Bitcoin, keeping its price in a sideways trend since July.
- Eased Selling Pressure but Insufficient for Breakout: Although net taker volume has improved from around -$489 million to roughly -$93 million since early November, indicating a slowdown in aggressive selling, this shift is not enough to trigger a breakout as market liquidity remains weak.
- Future Market Outlook: For Bitcoin to escape its current consolidation, stronger participation from spot markets and ETFs will be necessary, as the futures market continues to dominate price action, with expectations of continued range-bound trading.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
