Yesterday, a piece of fake news about Bitcoin passing through ETFs caused the price to soar. The short sellers in the contract market were even more miserable. The highest point of Binance spot was 30,000. The highest price of Binance contract was 30,720. Due to the death spiral caused by the short sellers’ liquidation, there is a certain gap between the spot and contract prices.
The market has been quiet for a long time, and such a pull-up has not been seen for a long time. It adds some color to the quiet and boring market. This reminds me of the big talk. Back to the market, Bitcoin is now running above 28,000. If it can stand above 28,000, then the future market is still worth looking forward to. At present, the contract's open interest has fallen back to the original point. Various indicators also need to be repaired. If you want to open the market, then the best way to do it is to oscillate above 28,000. Otherwise, it is possible to get out of the negative market.#etf #BTC