#多空比 #BTC #sol #eth For brothers, please refer to $BTC $ETH $SOL

$BTC
#BTC突破7万大关 Currently, the current price of Bitcoin is 64400. Yesterday's long-short ratio has changed, and the liquidation data of each falling by 2000 points~ Will it continue to fluctuate or will there be a double explosion of long and short positions? Let everyone have a happy National Day #多空比 #清算地图

#多空比 #大饼 #btc
Looking at the data of Bitcoin, there are many people shorting Bitcoin. Let's see if there is an opportunity to find a direction to enter.

💸 Bitcoin spot ETF has seen continuous net inflows this week, and Ethereum spot ETF has also achieved three consecutive days of net inflows

The Bitcoin spot ETF market continues to maintain the momentum of capital inflows, with a net inflow of nearly $274 million yesterday, which is the sixth consecutive day of net inflows.

In this trend, Ark Invest and 21Shares' ETF ARKB led with a single-day net inflow of nearly $110 million, while BlackRock's ETF IBIT followed closely with a net inflow of $70.41 million.

Currently, the total net asset value of Bitcoin spot ETF is $66.11 billion, and its ETF net asset ratio has reached 4.89%, with the historical cumulative net inflow increasing to $20.94 billion.

At the same time, Ethereum spot ETF also ushered in capital inflows, with a net inflow of $1.91 million yesterday, and successfully achieved three consecutive days of net inflows. Among them, Bitwise ETF ETHW led with the same amount, while other Ethereum ETFs had zero net inflows yesterday.

Currently, the total net asset value of Ethereum spot ETF is US$7.35 billion, the ETF net asset ratio (market value to total Ethereum market value) is 2.31%, and the historical cumulative net outflow is nearly US$480 million.

These data show that investors' interest in cryptocurrency ETFs remains high this week, especially Bitcoin and Ethereum related products. The inflow and outflow of cryptocurrency ETF funds next week is also a direction we need to focus on.

🗣️ Viewpoint:

The cryptocurrency ETF market has performed strongly this week and has shown no signs of weakening. On the other hand, the open interest in the Bitcoin contract market has exceeded US$40 billion, setting a record high. The BTC 24-hour long-short ratio is 1.021, and the market continues to be bullish.

If the inflow of funds into cryptocurrency ETFs remains strong next week, the Bitcoin market may continue to maintain a high upward trend. But from the daily chart, Bitcoin RSI is currently in the overbought zone. However, as for whether the crypto market will see a sharp decline over the weekend and next week, we still need to wait for the further performance of the market to reveal the answer.

💬 Do you think this upward momentum will continue? Will Bitcoin continue to hover at a high level next week, or will it break through 69,000 and challenge the key pressure level of 70,000? Leave your opinion in the comment section!

#加密货币ETF #比特币ETF #以太坊ETF #比特币合约市场 #多空比

Seeing that some friends have doubts about #资金费率 of #BTC☀ and contract #多空比 , I would like to share here that the actual funding rate of about 10,000 is normal and healthy compared with the history. For example, the market rose sharply some time ago and entered the fomo state, which may be unbalanced to 30,000-50,000 or even 10,000 or more. In the recent round of BTC hitting a new record high, the funding rate is actually in a relatively healthy state. Since December 10, it has been maintained at around 10,000 recently. There was no extreme deviation when the market rose sharply yesterday. We often see news or people say that the annualized return of the funding rate #套利 is 10.95%. In fact, it is calculated based on 1 in 10,000, with a daily average of 3 in 10,000, and an annual average of 1095 in 10,000, or 10.95%;

As for the long-short ratio, taking Friday as an example, the Binance long-short ratio on that day was roughly in the range of 0.88-0.94, and the number of longs and shorts was slightly superior to that of shorts, that is, the number of longs among all users was slightly less than that of shorts. This is a relatively normal level in the stage of rising market, because short-term speculators will reduce their longs for profit and intervene in short-term shorts during the rise, which will produce this data level slightly lower than 1; but the long-short ratio of large positions on that day was maintained at 1.73-1.85, that is, in terms of the main positions, longs accounted for a relative advantage of 63-65%. In fact, the market later fluctuated higher and hit a new record high on Monday night this week. #BTC再创新高

Continuing from the previous discussion on the funding rate of #BTC☀ and the contract #多空比 , we often see that the funding rate is around 0.01, which actually indicates that the long positions are relatively more. However, some friends like to completely place the long-short ratio and the funding rate in opposition. In reality, when the long-short ratio is often seen below 1, it means there are relatively more short positions, but in terms of holdings, the long positions still dominate, because the design logic of #资金费率 is that the market is bullish for it to be positive, and it is also based on the scale of long and short holdings for mutual payments; when the long position proportion is high, it means there is more payment in a short state.
The fact that the long-short ratio has slightly more short positions does not carry as much significance as the data regarding holdings affecting the market itself, due to matching and liquidity mechanism issues. In a phase of rising market, having a long-short ratio slightly below 1 is relatively normal, as short-term speculators may reduce their long positions to take profits during an upward movement, while short-term shorts may intervene, resulting in this slightly below 1 data level. Important data should still focus on the overall long-short ratio of holdings and the long-short ratio of major holders.
When expressing the long-short ratio, it should still include the ratio of the number of long to short positions or the ratio of holdings/active buying and selling volume (overall long-short holding ratio)/major holder long-short ratio, to avoid ambiguity, as the values of both can often show opposing situations. However, by understanding different types of long-short ratios, one can grasp the corresponding meanings. The chart shows the overall long-short ratio of #coinank .