The total futures position of the entire network has once again reached the 30 billion US dollar mark!
This has occurred 4 times in the past six months, all of which represent short-term corrections out of local lows, followed by a small-scale rebound. Will this time continue the previous pattern?
On the other hand, it can be seen that as the price highs decrease, the participation in the futures market has obviously declined, and the peak of futures contract positions has been declining;
This is not optimistic for maintaining a long-term bullish trend, but in the short term, we can still expect the continuation of the rebound. After all, the current market sentiment and enthusiasm are very sluggish, just like a bear market, and everyone needs some high-volatility market conditions.
