JPMorgan says Bitcoin futures are now oversold. At the same time, gold and silver futures seem to be overbought. The bank shared this view in a new market note JPMorgan says Bitcoin futures are now oversold. At the same time, gold and silver futures seem to be overbought. The bank shared this view in a new market note

JPMorgan Bitcoin Outlook Warns Of Oversold BTC Futures

2026/02/02 20:18
3 min read
For feedback or concerns regarding this content, please contact us at [email protected]

JPMorgan says Bitcoin futures are now oversold. At the same time, gold and silver futures seem to be overbought. The bank shared this view in a new market note released in late January.

According to JPMorgan’s Bitcoin outlook, investors have slowly moved money away from Bitcoin. Moving the funds towards gold and silver instead. This trend has been seen since August last year and because of this, market positions across assets now look very different.

Bitcoin Futures Show Signs of Weak Sentiment

Bitcoin futures have dropped a lot in recent months. JPMorgan notes that the relative strength index, or RSI, for Bitcoin futures fell to 22.4. So this level usually is a sign of being oversold.

In addition, open interest in Bitcoin futures has also fallen by around 15% since the fourth quarter of 2025. This drop shows that many traders closed their positions, but this also shows that selling pressure may be slowing down. Because of that, some analysts believe that Bitcoin could be getting close to a short-term bottom.

Gold and Silver Attract Strong Investor Demand

On the other hand, gold and silver have seen a lot of inflows. Investors poured about $8.7 billion into gold ETFs and for silver ETFs also around $2.3 billion. These strong inflows pushed futures prices even more, so as a result, JPMorgan now sees both metals as overbought.

Central bank gold buying has also played a key role. Many countries continue to add gold to their reserves. This trend supports higher prices and stronger demand.

Why Investors Are Rotating Away From Bitcoin

A lot of macro factors can explain why this change happened. First, global economic uncertainty is still high, and second, interest rate expectations keep on changing. Due to this, a lot of investors prefer assets they see as safer, mostly like gold or silver that have a good reputation everywhere. 

Still, JPMorgan does not dismiss Bitcoin’s role. The bank notes that Bitcoin is still seen to be a good alternative in times of liquidity stress.

Market Reactions Point to a Possible Bitcoin Rebound

Early reactions on social media suggest mixed views. Some traders see Bitcoin’s oversold level as a buying opportunity, while others are still cautious due to weak momentum. Moreover, silver also faces risks because prices have gone up to almost 40% since October. This sudden climb makes the chance of a pullback more.

Overall, JPMorgan’s Bitcoin outlook shows a clear shift in market behavior. While precious metals lead in the short term, Bitcoin may soon regain attention if sentiment turns.

The post JPMorgan Bitcoin Outlook Warns Of Oversold BTC Futures appeared first on Coinfomania.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
StakeStone STO Surges 128% in 24 Hours: What $955M Volume Tells Us

StakeStone STO Surges 128% in 24 Hours: What $955M Volume Tells Us

StakeStone's STO token recorded a staggering 128% price increase in 24 hours, accompanied by $955.8 million in trading volume—nearly seven times its $141 million
Share
Blockchainmagazine2026/04/02 18:06
Q2 Market Insights: Bitcoin regains dominance in risk-averse environment, ETFs remain critical to market structure

Q2 Market Insights: Bitcoin regains dominance in risk-averse environment, ETFs remain critical to market structure

The market will show a downward trend in the short term, and then rebound and set new highs in the second half of the year.
Share
PANews2025/04/28 19:40

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!