Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

At the start of the week, Bitcoin showed signs of decoupling from US equities. However, US president Trump's positive remarks about the US-China trade war (which had included a 145% tariff on Chinese goods) triggered a relief rally across markets. As a result, BTC has resumed moving up with US equities. 

This rally has led to a rise in short-tenor implied volatility and a recovery in BTC’s put-call skew, indicating that traders are seeking upside exposure.

Please check out the report’s highlights.

Perp open interest rises across the board

Perpetual open interest increased significantly this week across various tokens, especially ETH. Perpetual trading volumes also rose. Notably, Ap 7, 2025 recorded the highest trade volume of the month, following Trump's comment, "Forget markets for a second, we have all the advantages."

BTC option open interest shows a mixed picture; put-call skew in short tenor sends positive signals

President Trump’s recent willingness to negotiate a trade deal with China’s President Xi triggered a relief rally across asset classes, including crypto. Bitcoin had already risen 7% since Apr 21, 2025, prior to Trump's comments. Despite this rally, open interest in puts has outpaced calls, with options volume remaining relatively balanced. 

It's unclear if the demand for puts reflects a hedge against downside risks, or a bet against the upward movement. Meanwhile, perpetual funding rates are providing limited insight into sentiment. However, the recovery of the put-call skew at short tenors indicates that traders are seeking upside exposure to the rally — and are willing to pay for it.

ETH unexpectedly outperforms BTC in this relief rally

ETH's response to the recent crypto market recovery has diverged from previous trends: it outperformed BTC in spot prices, a rarity in past rallies, and open interest in calls exceeds that in puts — opposite to BTC's trend. In addition, ETH call open interest is nearly double that of puts, with calls dominating options volumes. This suggests traders anticipate ETH will reduce its significant underperformance against both BTC and other “ETH killers” like SUI and SOL. Additionally, the spot rally has led to another term structure inversion for ETH.

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Bybit X Block Scholes crypto derivatives analytics report (Apr 24, 2025): Put-call skew recovers at short tenors, showing reviving sentiment

Explore all the hottest Bybit events happening during the week of TOKEN2049 Dubai in this article.

It’s that time of year again — TOKEN2049 Dubai is back, and the city is buzzing with excitement. As one of the most anticipated events on the crypto calendar, it’s not just about the main conference; it’s about everything happening around it, too. From side events and workshops to exclusive mixers and demo days, Bybit is showing up in full force this year. Here's your inside look at what to expect during this action-packed week.

The heart of TOKEN2049 Week, TOKEN2049 Dubai promises two full days of future-facing discussions and innovation in the world of crypto. At the center of it all is Bybit’s immersive booth experience, built on the theme 

. It’s not just a theme — it’s a vibe. Picture claw machines, 

If you’re heading to TOKEN2049 Dubai, be sure to drop by the Bybit booth (located at P33) and chat with our extraordinary Bybit team! And don’t miss your chance to grab a gacha token by scanning our QR code with Bybit Pay. You could walk away with exclusive Bybit merch! 

DMCC x VARA: Crypto regulations and business growth

Policy meets progress at this exclusive evening event co-hosted by DMCC and VARA. This gathering brings together regulators and industry leaders for an open discussion on the future of digital asset compliance and business growth in the region.

You can expect sharp insights, candid perspectives and forward-thinking dialogue about what it really takes to scale a crypto business in a regulated environment. If you care about the future of web3 in the UAE, this is one event to mark on your calendar.

Bybit After Hours: Exclusive Insights & Networking 

 is a private cocktail evening for top-tier traders and long-time supporters of Bybit. This event is equal parts networking, knowledge sharing and celebration.

 to strategic conversations with the Bybit team, this night is tailored to those who trade big and think bigger. With an invite-only guest list, it’s set to be one of the most exclusive experiences of the week.

The Crypto Hub x Bybit Crypto Ark Demo Day

 is all about bringing hands-on energy to the web3 scene. Hosted at the Crypto Ark inside Bybit’s office, this event welcomes founders, devs and crypto creatives for a casual evening of product showcases, idea exchange and light networking.

While Bybit provides the space, the real spotlight is on the community — those shaping the next wave of innovation in web3.

 from across the CIS region are gathering for a deep dive into the tools, tips and strategies that drive growth at Bybit. This meetup goes beyond surface-level sharing — expect actionable workshops covering our Bybit Affiliate program and affiliate best practices.

It’s also a chance to hear directly from Bybit product leads and regional managers, share success stories and walk away with fresh ideas to maximize conversions. 

Wunderbit x Bybit: “Hey, Trading Bot, where is my profit?”

 are here to stay — and this event is going deep into what makes them tick. Co-hosted by Wunderbit and Bybit, the evening workshop blends honest stories from real traders with expert insights on how to avoid common automation pitfalls.

From bot setups that work to the ones that quietly drain your profits, this is your chance to ask the tough questions, hear unfiltered answers — and maybe rethink how you’re running your own bot strategy.

 (RWAs) are taking center stage at the RWA Gulf Summit, a high-powered event co-hosted by Qatar National Bank, Commercial Bank International and DMZ Finance. This summit brings together bank leaders, wealth funds, participants in DIFC, institutional investors and industry pioneers to explore the evolution of tokenized finance in the Middle East and beyond.

Bybit’s Head of Financial Products Jerry Li will take the stage to discuss how 

 (CEXs) can harness RWAs for enhanced yield and 

Dubai's Pinnacle Mixer: Mantle, Mirana, Bybit and Ethena

High above the city, this mixer brings together some of the biggest names in web3 — Mantle, Mirana, Bybit and Ethena. Expect an unforgettable evening of casual chats, cross-chain connections and cocktails with the minds behind some of today’s most innovative projects.

This private event is all about experiencing Bybit Pay in action. See interactive demos, grab a sneak peek at upcoming partnerships and network over bites and drinks. It’s a rare behind-the-scenes look at the way Bybit is shaping the future of crypto payments. 

Wrapping up the week is the Bybit Institutional Symposium — a full-day event dedicated to aligning strategies with institutional clients and forging new collaborations. From macro views to product deep-dives, this conference is built to spark big conversations among serious players.

The day concludes with a gala dinner, a fitting finale to a week in which ideas, connections and innovation have taken center stage.

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Highlights: What to expect at Bybit (Apr 28–May 2, 2025)

Balance (EPT) is revolutionizing web3 gaming with evolving AI companions, blending blockchain, strategy, and intelligent gameplay in one powerful platform.

Artificial intelligence (AI) agents are a key growth area within the blockchain industry. Projects like Artificial Superintelligence Alliance (FET), 

 (AI16Z) and countless others have been essential components driving the overall crypto market. As of April 2025, the CoinGecko portal lists more than 500 cryptocurrencies within its category of AI Agents. These intelligent assistants are now helping individuals and businesses analyze markets, create textual and visual content, automate work processes and trade profitably.

There's a further area where AI agents on the blockchain are flourishing: the world of 

 gaming. In this sphere, bots and agents based on AI algorithms are helping users develop the best in-game strategies, succeed in the competitive world of play-to-earn (P2E) and overcome key challenges in complex gameplay.

Balance (EPT) is a blockchain gaming project that takes the use of 

 to a completely new level. The creation of the team at the world’s largest social gaming platform, E-Pal, Balance offers players AI agents that can aid them in the in-game environment and serve as their personal companions. Based on a multi-layer architecture, the platform offers some of the most cutting-edge use cases for gaming-oriented AI agents.

 (EPT) is a web3 gaming platform that allows players to easily create, own and use AI companions within the blockchain games it supports.

 Balance supports a variety of first-party (internally developed) and third-party web3 games. You can deploy your AI gaming companions and they’ll act as your assistants, friends or co-players within Balance games.

Using Balance.fun, the platform’s primary web interface, you can create your AI agents and specify various details, such as appearance, personality and functions.

Balance isn’t just another obscure crypto gaming platform. The origins of the project date back to 2020, when the E-Pal social gaming provider was launched by four young California-based technology entrepreneurs — Brian Xiong, Tung Pham, Yuzhe Norris Wang and Yuanzhe Li. E-Pal quickly became a leading force in the newly emerging social gaming field, helping players worldwide find gaming companions. By early 2024, E-Pal had become the world’s largest gaming companion platform, boasting 4.2 million users and 450,000 Epals (gaming companions).

In February 2024, the E-Pal team focused its efforts on 

 and AI technologies, starting the development work on the Balance gaming platform. In September of the same year, Balance went live.

Per the project’s documentation, the platform operates on its own chain, Balance Chain, with 

 (AA) technology used for cross-chain communication. The fungible and 

 (NFTs) held by user accounts are based on the 

A key part of the Balance ecosystem is Key Nodes — purchasable 

 that help with the processing, storage and distribution of data required in the resource-intensive environment of web3 gaming. Some applied instances are the management of real-time leaderboards and the automatic distribution of loot and in-game currency. These nodes can also support the computational requirements of training AI models. As a reward for their work in supporting the platform’s operations, Key Nodes receive a wide range of rewards and benefits, including distributions of EPT tokens, the platform’s native cryptocurrency.

As the ecosystem develops, Key Nodes are envisioned to be involved in governance, 

 launch in September 2024, Balance introduced its Points System, designed to reward early contributors to the platform. During the campaign run in September, users could earn points by completing various specified tasks in various activities, such as joining the project’s social media pages or commenting and reposting.

The 400 users with the best performance in the Points System earned a whitelist spot to receive Pioneer Badge NFTs — distinct tokens that provide owners with early access to games, future campaigns, airdrops and beta testing opportunities. Pioneer Badge NFT holders can also enjoy other benefits, such as premium NFTs and voting rights on the Balance platform.

Balance’s platform provides a set of tools to create and use intelligent companions for Balance-based games. You can design your AI companions by specifying their key traits and behaviors through custom prompts and strategies. The AI agents on Balance can assist you in battles, gaming contests, learning, routine task execution and interactive entertainment.

Balance’s platform is made up of five key layers, each one serving a specific purpose in supporting its user and developer communities. At the top of the architectural stack is the application layer, which acts as the main interface for users to interact with human and AI companions and the wider Balance community.

The application layer also contains the AI Battle Reporting System, which is designed to give users feedback and analysis tools on their performance in the platform’s gaming ecosystem. AI technology is leveraged here to provide personalized analytics and performance improvement recommendations.

A range of NFTs are also part of the layer. These include in-game asset NFTs, as well as 

 (SBTs) that serve as summaries of the holder’s achievements.

The platform layer hosts the various games within the Balance gaming universe. These include both internal games and third-party games that have partnered with Balance. The key concept uniting all of the games is the active integration of AI companions and AI players, making the platform a unique environment in which humans and AI agents play, interact and compete.

The platform layer also features an AI-driven NFT launchpad that offers a rich tool set for creating personalized NFTs for games and applications. These NFTs can be traded on Balance's NFT marketplace, which is also an integral part of the platform layer.

The protocol layer includes a trio of critical protocols — the Fans Protocol, Epal Fan Token (FT) Exchange Protocol and Asset Protocol. The Fans Protocol lets players launch and manage their Fan Tokens, creating opportunities for influencers and community builders to tokenize their efforts and launch high-potential crypto assets. Meanwhile, the Epal FT Exchange Protocol facilitates the management of (and trade in) Fan Tokens.

The third protocol, Asset, is used for the comprehensive management of a wide range of digital assets on Balance, providing easy-to-use tools for asset creation and trading.

The token layer is designed for core operations involving the platform’s native EPT token. This layer supports the use of EPT for in-game purchases, access to services and AI companions, Fan Token minting and trading, in addition to other functionalities.

This is the underlying infrastructural layer that powers the platform’s operational mechanism. It can be described as Balance's operating system, and is made up of several critical components: the node system, the Balance 

, the Balance Chain network and the platform's unique ID system.

The node system provides the computational and storage resources to power games and other functionality on Balance. In addition, the system acts as a key connecting medium between Balance Chain and the AA functionality that lets the platform enjoy cross-chain capabilities.

The Balance stablecoin, also part of the infra layer, is designed to reduce volatility and bring rate stability to the platform's gaming ecosystem. The Balance stablecoin system helps players engage in asset trading without the fear of wild market fluctuations, an important consideration in the 

Designed to support multiple chains, Balance Chain operates based on dynamic protocol adaptation, automatically selecting the optimal blockchain platform according to user preferences and needs. This dynamic adaptability is designed to reduce costs, improve operational speed and enhance overall security for users.

The final major component of the Balance infrastructure layer, the Balance ID system, is a unified and secure user authentication and identity management solution. To be introduced later in 2025, the ID system will let users access all services and games within the Balance ecosystem via a single set of cross-platform decentralized credentials. In addition to human players, also AI companions will have their unique IDs.

EPT is the native cryptocurrency of Balance. Although the platform has been operational since 2024, the EPT token was just launched on Apr 21, 2025, with a total and maximum supply of 10 billion. It was issued on two major blockchains — Ethereum and BNB Chain. EPT has a wide range of functional use cases on the platform, including the following:

The EPT token's supply allocation is per the chart below.

 as a swap pair with USDT, and through the exchange's 

 based on USDT. You can also take advantage of Bybit’s campaign dedicated to the token to grab a share of the 

Under the terms of the event, new users can earn EPT rewards by accumulating a deposit volume of at least 3,000 EPT, or by depositing at least 100 USDT and trading 100 USDT worth of EPT via their first spot trade with Bybit. Meanwhile, existing users can qualify for rewards by trading at least 500 USDT worth of EPT on Spot. The event is valid through May 5, 2025, 9AM UTC.

As of Apr 25, 2025, the EPT token has been on the market for only four days, and is trading at $0.0117, which is 26.4% lower than its ATH of $0.01708 on Apr 21, 2025, and 11.4% higher than its ATL of $0.01129 on Apr 22, 2025.

Long-term price forecasts for EPT are mostly bullish. DigitalCoinPrice 

 of $0.0412 in 2027 and $0.0615 in 2030, whilePricePrediction 

These and other emerging long-term forecasts for the token don't constitute investment advice. Given EPT's extremely short history on the market so far, 

 on the token's future prospects, carefully assess market fluctuations within the crypto gaming niche and consider all other relevant factors before investing in it or any other cryptocurrency.

Capturing emerging market trends and sensing the broader market conditions, the team at E-Pal recognized the tremendous potential of gaming companions back in 2020. Four years later, E-Pal realized that the new market dynamics in gaming called for something even more innovative — the use of AI companions, in addition to fellow humans. The resulting product, the Balance platform, is now racing to stake the claim to the best web3 gaming environment supported by AI agents.

The platform's unique features — cross-chain functionality supported by an AA mechanism, a dynamic exchange system that selects the best network for users' transactions and, most importantly, intelligent AI companions — can certainly help establish Balance as a leader in this niche of web3 gaming.

AI agents are taking the gaming industry by storm, with blockchain technology acting as a powerful enabler of these intelligent friends of ours. The Balance gaming universe — supported by the proven track record of E-Pal — has a great chance of becoming the go-to environment in which to befriend your next artificial gaming partner.

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Balance (EPT): Revolutionizing web3 gaming with evolving AI companions

Mantle has launched the Mantle Index Four (MI4), an institutional-grade fund providing diversified exposure to yield-bearing digital assets. 

The S&P 500 rose 2.03% on strong Alphabet earnings and optimism over a possible Fed rate cut. Gold jumped 1.5% to $3,338 as trade tensions rose and a weaker dollar, along with falling yields, boosted demand. Fed rate cut signals also supported the rally. The Coindesk Indices, which tracks the broader crypto market, rose 0.74%, with Bitcoin up 0.06% and Ether down 1.89%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is INIT, up 15.4%, following the launch of Initia, which aims to revive the appchain concept with an interconnected network and an INIT token airdrop.

Initia (INIT), founded in 2022, is a modular blockchain platform that combines a Layer 1 network with customizable Layer 2 rollups, enabling scalable decentralized app development. It offers flexibility in virtual machines, gas tokens, and transaction systems, while ensuring interoperability and addressing issues like liquidity fragmentation and network congestion. Initia has 

 to revive the appchain concept by offering a network that integrates appchains in a cohesive, interconnected way. The platform emphasizes full-stack control for apps, avoiding fragmentation. Initia is also launching an airdrop with claims available until May 24, 2025. The native token, INIT, has a fixed supply of 1 billion, distributed across eight categories.

Check out the latest prices, charts, and data of 

, an institutional-grade fund providing diversified exposure to yield-bearing digital assets. In partnership with Securitize, which has tokenized over $3B in assets, the fund aims to fill a market gap by offering native yield generation in a traditional fund format. Mantle Treasury has committed up to $400M as the anchor investment. The fund will rebalance quarterly and incorporate DeFi-native staking strategies, such as mETH and bbSOL, while ensuring investor protections. MI4 targets both crypto-native and traditional investors, with Phase 1 rollout scheduled for Q2 2025.

Yesterday, BTC spot ETFs saw a total inflow of $114.7 million, all from non-GBTC funds, while GBTC recorded no flow.

Dolomite, the 10th largest DeFi lending app, is launching a 200M token 

 (20% of total supply) during its TGE on April 24, rewarding users based on platform usage. The DOLO token powers a three-token system alongside oDOLO and veDOLO, enabling incentives, governance, and potential revenue sharing. With over $800M in TVL, Dolomite expands to Berachain, integrating with its Proof of Liquidity system to offer advanced lending features and asset utility.

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Mantle launches MI4 fund for institutional-grade digital asset exposure and yield generation

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Explainers

What is a trading journal? Read this article to find out how it works and discover the best trading journal templates to use to track your crypto investments.

 trades and boost your profits? A trading journal might be the secret weapon you’ve been searching for. In this blog post, we’ll dive into the world of crypto trading journals, exploring their benefits, essential components, and how to create the perfect journal for your needs. Get ready to unlock the full potential of your 

 and watch your profits soar with “what is trading journal crypto” knowledge!

A trading journal allows you to optimize your trades and make better decisions by giving you complete control over your trading data, strategy, and performance. To create a trading journal, you can start by using a free trading journal template, which will help you keep track of your trading activity and provide invaluable insights to help you craft a winning strategy and prevent frequent trading errors. Trading journals are powerful tools that both new and experienced traders can benefit from, and reading a trade journal can offer additional insights from industry experts.

Trading journals are popular among successful traders because they promote discipline, focus, and alignment with the trading strategy. By keeping a trading journal, you minimize the chances of making impulsive, high-risk journal trades and provide valuable post-trade analysis for future reference.

If you’re ready to elevate your trading game with a crypto trading journal, continue reading to learn more.

A crypto trading journal is your personal trading record, an essential tool for tracking your cryptocurrency trades and becoming a profitable trader. It enables you to keep track of your trading activity, including essential details such as entry and exit points, trading strategies, and performance metrics. This comprehensive information can help you form a successful strategy and prevent the recurrence of frequent trading errors.

Whether you’re trading the 15-minute timeframe or higher, a trading journal can be especially beneficial, helping you:

Take the next step in your trading journey by delving into the world of crypto trading journals.

Crypto trading journals are crucial for traders as they help identify strengths and weaknesses, optimize trading strategies, and maintain discipline in their trading approach. A trading journal can help you stay committed to your trading plan and prevent impulsive decisions by minimizing the chances of making high-risk trades and providing valuable post-trade analysis.

Moreover, trading psychology and risk management are essential to success in trading. Even the best strategy cannot make up for poor psychology and risk management. That’s where a trading journal comes in handy, allowing you to track your performance in real-time through in-built performance trackers built into some trading platforms.

Having understood the importance of crypto trading journals, let’s now examine the essential components of a successful trading journal.

Essential Components of a Crypto Trading Journal

To create an effective crypto trading journal, you need to focus on three key elements: trade details, trading strategy and rationale, and performance metrics and analytics. These essential components will help you assess your trading performance and make the necessary adjustments to maximize your success.

We will now delve into each of these components in more depth.

is vital for a successful trading journal. By tracking the entry and exit points, fees paid, and losses incurred, you can gain insight into the impact on your overall trading balance and manage risk better. Moreover, it enables you to pinpoint potential areas of improvement in future trades, ultimately leading to more successful trades in the future.

Keeping accurate and up-to-date records of your trades is crucial for analyzing your trading performance and staying organized. By documenting each trade in detail, you can:

Documenting your trading strategy and rationale behind each trade is crucial for staying aligned with your trading plan and avoiding impulsive decisions. By recording the reasoning behind each trade, including the analysis and indicators that influenced your decision, you can monitor the effectiveness of your trading strategy and make necessary adjustments for future trades.

Learning from your mistakes and successes is vital for refining your trading strategy and maximizing your trading performance. By regularly reviewing your trading journal, you can:

This process of reflection and trading analysis will ultimately lead to more successful trades in the future.

Performance metrics and analytics, such as profit/loss, risk management, and trade efficiency, are vital for assessing and improving trading performance. By tracking these metrics, you can refine your trading strategies, minimize losses, and maximize profits in the volatile crypto market.

Utilizing various trade metrics and indicators can be extremely beneficial for analyzing market trends, identifying patterns, and making wise trade decisions. Some examples of these metrics and indicators include:

By incorporating these tools into your analysis, you can gain valuable insights and improve your trading strategies.

Now that you understand the importance and essential components of a crypto trading journal, it’s time to create one that works for you. To do this, you’ll need to choose the right platform, customize your journal, and regularly update and review it.

We will now discuss each of these steps in further detail.

The first step in creating an effective crypto trading journal is selecting the best platform for your needs. Excel, Google Sheets, and specialized trading journal software are all excellent options, depending on your personal preferences and requirements.

Excel and Google Sheets provide customization and accessibility, while specialized trading journal software like:

offer advanced features, performance analytics, and real-time insights to help you stay organized and motivated on your trading journey.

Once you’ve chosen the right platform, it’s crucial to customize your journal to include relevant data points, charts, and notes tailored to your individual trading style and goals. This may involve:

Remember to include comprehensive notes about each trade, such as:

Additionally, it is advantageous to include personal reflections, emotions, and lessons gained from each trade.

To ensure the accuracy of your trading journal and maximize its benefits, it’s essential to regularly update and review it. By keeping up-to-date records of your trades, you can quickly analyze your performance and make the necessary adjustments to your trading strategy for maximum success.

Remember, a trading journal is only as useful as the data it contains. By staying on top of your record-keeping and consistently reviewing your performance, you can make the most of the insights your trading journal offers and continuously improve your trading performance.

Best Practices for Using a Crypto Trading Journal

Having learned how to create an effective crypto trading journal, let’s now understand the best practices for maximizing its benefits. These include maintaining consistency in record-keeping, conducting periodic performance reviews, and learning from both mistakes and successes.

We’ll now delve into each of these best practices in more depth.

Maintaining consistency in record-keeping is essential for accurately tracking your progress, identifying patterns, and uncovering areas for improvement in your trading journal. By keeping comprehensive and up-to-date records of your trades, you can easily review your past performance, make informed decisions based on prior trades, and improve your overall trading results.

To ensure you keep consistent records in your trading journal, be mindful of common pitfalls or mistakes, such as emotional decision-making, incomplete records, and not maintaining balance in your trading activities.

For optimal crypto trading journal use, it is recommended to conduct performance reviews on a monthly basis. This allows you to easily recognize patterns, spot mistakes, and make necessary adjustments to your trading strategy.

By looking for specific patterns or trends during a performance review, such as:

You can gain valuable insights and make more informed decisions to optimize your crypto trading strategies.

One of the most important aspects of using a trading journal is learning from both your mistakes and successes. By regularly reviewing your trading journal, you can:

This process of self-reflection and analysis can ultimately lead to more successful trades in the future.

Staying disciplined, learning from your mistakes, and seizing opportunities to enhance your trading performance are all key components of successful trading. By incorporating these best practices into your trading routine, you can maximize the benefits of your trading journal and continuously refine your trading strategies for greater success.

Top Crypto Trading Journal Software and Tools

To help you get started with your trading journal, we’ve compiled a list of the top crypto trading journal software and tools available today. These platforms offer a range of features, pricing options, and suitability for different trading styles, so you can choose the best option for your needs.

TradeZella, Tradervue, TradesViz, TraderSync, and Trademetria are all excellent choices for trading journal software. Each offers unique features and benefits to cater to different trading styles and preferences. These tools can help you stay organized, motivated, and on track for trading success. Some of the features and benefits include:

Consider exploring these options to find the best trading journal software that suits your needs.

Before committing to a specific platform, it’s important to consider factors such as pricing, features, and compatibility with your trading style. By selecting the right trading journal software or tool, you can ensure that your trading journal is customized to your needs and preferences, ultimately helping you maximize your trading performance and profits. 

In conclusion, a well-maintained crypto trading journal can be your secret weapon for mastering your trades and boosting your profits. By understanding the importance of trading journals, implementing essential components, and following best practices, you can create a customized trading journal that caters to your individual trading style and goals. With the right tools and commitment, you can transform your trading performance and achieve greater success in the world of cryptocurrency trading. #TheCryptoArk #Bybit

What is the purpose of a trading journal?

A trading journal is an essential tool for tracking trading performance by recording trades to review and learn from. It provides traders with an opportunity to identify mistakes when opening or closing a position, and can be used to evaluate where improvements can be made. By recording trades, you gain greater insight into your trading activity and can continue to refine your strategy.

Having a trading journal is essential to your success as a trader. It will help you improve your confidence, create a risk management plan, and identify what NOT to do in the future, so you can minimize your losses and focus on areas that will yield the highest profits.

Trade journals provide industry-specific information to members of a particular trade or profession, including trends, new products, and government regulations. They offer an in-depth look at the latest developments in a given industry, making them valuable resources for those in the field.

How can a trading journal help me stay disciplined and focused on my trading strategy?

A trading journal can help you stay disciplined and focused on your trading strategy by keeping you from making impulsive trades and giving you post-trade analysis to review. This will ensure that you stay true to your trading plan.

How often should I review my trading journal?

Take advantage of your trading journal by reviewing your performance monthly for the best results.

What is Trading Journal Crypto: Mastering Your Cryptocurrency Trades

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