After BTC's weekend surge and plunge, does the weekly futures price always have a "hole"? This is the so-called CME Gap.

The Chicago Mercantile Exchange's Bitcoin futures close on weekends, but the spot market operates 24/7. If a whale dumps $5,000 on Saturday early morning, by the time Monday futures open, the price can gap up—this "jump" over the range is the gap.

**How do gaps form?**
Weekend market closure is the main reason. When futures close, BTC might still be at $58,000, but right at the open, it jumps to $63,000, causing the price range between $60,000 and $62,000 to vanish. Another trigger is sudden news—such as a country suddenly legalizing Bitcoin, or an exchange experiencing a major issue—that can create gaps during market shutdowns.

**Why do traders pay attention to them?**
Experienced traders believe a rule: gaps will eventually be filled. Prices seem to have a memory; they tend to return to "fill the hole." For example, a gap at $60,000 often becomes a strong support level—it's easy for prices to bounce back from this level, and if it doesn't break, it signals a buy.

Of course, some gaps never get filled, but most of the time, these gaps serve as important indicators for market sentiment and setting stop-loss levels.