CME Bitcoin futures form $655 gap on first trading day of 2026

A $655 gap has formed in the Chicago Mercantile Exchange (CME) Bitcoin futures market on the first trading day of the new year, according to an analysis by Daan Crypto Trades. In a post on X, the analyst noted that the gap emerged during the year-end and new-year holiday period while the exchange was closed. The analysis suggests this area is a key focus for short-term investors and could lead to increased market volatility. CME futures gaps represent the price difference between the previous closing price and the new opening price, created by price movements in the spot market while the futures exchange is not trading.