BTC Futures Bullish: Positioning Index 3.5, First Above 3 Since Oct 2025

According to analyst Axel Adler Jr., Bitcoin futures positioning moved into a bullish regime after three months in a neutral 0 ± 2 range, with the Positioning Index climbing to 3.5, the first break above 3 since October 2025. Daily readings hit 24 as price rose nearly 4% to $95,358 and open interest to $12.18 billion, alongside funding at 0.0045; Adler said sustainability hinges on the SMA staying above 2 for at least a week.