Bybit Delists BSU Futures Contract, Impacting Traders
- Futures Contract Delisting: Bybit has officially announced the delisting of the BSUUSDT perpetual contract, directly impacting traders holding Baby Shark Universe tokens, who must close or settle open positions before the contract is fully removed to avoid forced liquidation.
- Increased Liquidity Risk: The simultaneous delisting of BSU futures by both Bybit and MEXC further reduces market liquidity, compelling traders to seek alternative platforms or shift entirely to spot markets, especially as open interest in BSU futures was already thin, increasing concentration risk for remaining holders.
- Market Dynamics Shift: The delisting of futures contracts does not imply the underlying token is being removed, but it eliminates one avenue for hedging and leveraged trading; traders need to closely monitor Bybit's official announcements for settlement timelines and final price methodologies.
- Industry Trend Monitoring: As multiple exchanges periodically review and cull low-activity perpetual contracts, the dual delisting of BSU significantly narrows its derivatives landscape, prompting traders to treat official communications as the most reliable source for contract deadlines and settlement details.
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Technical Analysis for
Technical Sentiment Analysis for (). As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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