CME Bitcoin futures experienced a significant price gap during the weekend closure, providing some optimism for market bulls. Data shows that CME Bitcoin futures closed at approximately $84,445 on Friday, but opened at $77,385 when trading resumed on Sunday night. This corresponds to a previous drop in the spot market to around $75,000, creating a clear gap. Note: A CME gap is a price discontinuity between the futures market closing price and the next opening price. Because CME futures do not trade 24/7, price jumps occur due to the mismatch between the futures market closing price and the continuous trading in the spot market during weekends or routine maintenance closures. Historically, while CME gaps are not absolute and usually fill within days or weeks, they are still considered an important technical indicator by traders. (CoinDesk)