K33 Report: Fund Rate Indicator Suggests Crypto Market to Bottom Out and Rebound in the Next Few Weeks
According to CoinDesk, cryptocurrency research firm K33 Research stated in a market report released on Tuesday that although investors are still concerned about the risk of further decline, there is a reliable indicator that suggests a significant rebound in the market in the coming weeks and months.
According to the report, the 30 day average funding rate for Bitcoin (BTC) perpetual contracts has dropped to negative levels, a situation that has only occurred six times since 2018. K33 analysts Vetle Lunde and David Zimmerman wrote:
In the past, when monthly funding rates hit negative levels, it coincided with the market bottoming out
The report points out that based on the previous situation where the indicator flipped to a negative value, Bitcoin's average return rate in the following 90 days was 79%, and the median return rate in 90 days was 55%.
Meanwhile, due to the influx of short positions, the open interest in derivative contracts gradually climbed to the highest level since late July. The report points out that, combined with sustained negative funding rates, these indicators indicate potential short selling risks in the market. The analyst wrote:
The similar funding rate environment provides very strong reasons for active exposure to BTC in the coming months
(责任编辑:私募资讯)
- ·个体工商户开普票要交税吗
- ·数字阅读概念31日主力净流出5.72亿元,冠捷科技、天音控股居前
- ·12条公链稳定币生态大盘点:SUI增长最快,USDT波场发行量超过以太坊
- ·剑桥科技收盘涨2.2%,主力资金净流入8306.36万元
- ·VanEck 反击 SEC 对比特币 ETF 的沉默
- ·幽门螺杆菌概念31日主力净流出1.4亿元,丽珠集团、翰宇药业居前
- ·收入按合同金额还是实际收到金额
- ·云南18度穿什么衣服-云南18度穿什么衣服合适
- ·瑞波币价格分析:XRP 需要什么才能突破盘整
- ·欧艺交易所,下载安装与网址官网
- ·Uniswap 第一季度营收 1.4 亿美元,承诺提供 1240 万美元新拨款
- ·东峰集团收盘涨4.69%,主力资金净流入2041.68万元
- ·热币交易所全球排名 全球十大比特币交易所
- ·coindash是什么-coin 是什么意思
- ·深圳数字资产交易平台
- ·比特经典行情
- · 欧易交易所 电脑
- · okx交易所app官网链接
- · 易欧app官网下载
- · okx官方
- · OK交易所官网入口登录
- · 欧亿app官网正式版下载
- · 欧易最新版本
- ·欧易交易所下载
- · okx交易所app官网
- · okx网页版