What is cot in bitcoin?

One of the key benefits of the COT tool is its ability to provide a comprehensive view of market sentiment. By analyzing the positions held by different types of traders, users can gain insights into the overall sentiment of the market and make more informed trading decisions.

The Commitments of Traders (COT) tool is a valuable resource for traders and investors alike. It offers a visual representation of the Commodity Futures Trading Commission's (CFTC) weekly report on market open interest.

This report, released every Friday afternoon, provides insights into the market positions held by various traders, including commercial hedgers, non-commercial traders, and non-reportable traders.

The COT tool is highly configurable, allowing users to customize the display of the data to suit their individual needs and preferences. This feature makes it a powerful tool for analyzing market trends and identifying potential trading opportunities.

BTCC, a top cryptocurrency exchange, offers a range of services to its users, including spot trading, futures trading, and wallet services. These services enable users to buy, sell, and store cryptocurrencies in a secure and convenient manner.