Crypto perpetuals predict Wall Street's Monday open

Cryptocurrency perpetual futures markets are demonstrating a remarkable ability to forecast the opening direction of traditional Wall Street trading sessions. Data indicates that, on average, 57% of the anticipated price movement for the upcoming Monday open is already priced into crypto markets before traditional exchanges even begin trading. This suggests that crypto markets are increasingly acting as a leading indicator for broader financial market sentiment and price discovery, offering valuable insights into investor expectations for the week ahead.