1. U.S. Stock BTC-ETF Data
This week, the total outflow of funds from U.S. stock BTC-ETF has occurred for the first time, with a total outflow amount reaching $654 million. Compared to the continuous inflow situation of the past few weeks, the outflow this week is relatively large.
On one hand, Bitcoin has surged near the high of $110,000, leading short-term traders to take profits and withdraw funds. On the other hand, there are also withdrawals due to risk aversion for Christmas and New Year's funds.
Investors need to closely monitor the inflow and outflow of ETF funds after the opening of U.S. stocks next week and prepare accordingly.
2. 24-hour Liquidation Amount
Using the liquidation data at 8 AM Beijing time every day for statistics
From the chart, we can see that the 24-hour liquidation amount shows an overall downward trend. This week, Bitcoin's price has shown a wide range of fluctuations, and the hourly price fluctuations have not been too intense.
The size of the liquidation amount across the network shows a certain positive correlation with Bitcoin's price fluctuations. Market investors should use futures and leverage reasonably, operate cautiously, and control risks.
3. Total BTC Contract Positions Across the Network
Currently, the total contract positions across the network have reached $69.324 billion, an increase of $3.58 billion compared to last week's $68.966 billion.
Among them, CME (Chicago Mercantile Exchange) contract positions reached $17.892 billion, a decrease of 8.65% over the past seven days.
Bitget exchange's contract positions reached $15.618 billion, an increase of 14.92% over the past seven days.
Binance exchange's contract positions reached $12.026 billion, a decrease of 0.59% over the past seven days.
After a decline in contract positions across the network last week, this week saw a slight increase in contract positions, indicating that investors' sentiment and market heat are gradually recovering.
4. Exchange Bitcoin Balances
From the following chart, we can see that after several weeks of continuous outflows, the Bitcoin balance in exchanges has shown an inflow status in the last seven days.
Coinbase Pro still maintains an outflow status, with an outflow of 14258.56 last week and an outflow of 8737.78 this week.
This week, the total inflow of Bitcoin is 4701.17, while last week saw an outflow of 15712.93. The BTC balance in exchange wallets increased from 2.2393 million last week to 2.2441 million this week, a year-on-year increase of 0.048 million.
Most of the Bitcoin inflow into exchanges is for selling, which has a certain impact on the price of Bitcoin.
5. Bitcoin Market Capitalization Ratio
This week's price fluctuations of Bitcoin are not significant, and the market capitalization ratio has also not changed much compared to last week, fluctuating around 57%.
This indicates that when Bitcoin is in a volatile trend, altcoins have not experienced an overall upward trend, and the market maintains a wait-and-see attitude towards Bitcoin's next move. The main players in altcoins are also on the official website, waiting for Bitcoin's next action.
6. Greed and Fear Index
This week's Fear and Greed Index has slightly decreased compared to the same period last week, and there are still no significant fluctuations, with the index value remaining between 70 and 80.
This week's index value is a high of 79 and a low of 70, still within a relatively greedy range. The market is overall in a volatile trend, with a strong wait-and-see sentiment.
