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:基金专题)
- ·个税是退税个人还是公司
- ·币的最新价格
- ·贝莱德的 IBIT 比特币 ETF 在美国每日资金流入量方面击败所有竞争对手
- ·比特币单位变革:BIP-177提案引发社区热议
- ·加密货币投资者涉嫌绑架并折磨意大利游客数周以窃取密码
- ·专业虚拟交易平台
- ·个体工商户开普票要交税吗
- ·okcoin如何用
- ·律师事务所调查Semler Scientific比特币增持背后的法律问题
- ·给你花下款了还可以申请51人品贷吗?不是很了解。
- ·Web3 的最终意图是资产增值,dappOS 的“意图资产”懂你所需
- ·v宝交易平台
- ·btm比原链行情
- ·杭州社保公积金计算器-杭州社保公积金计算器2024
- ·怎样选股票第二天会涨
- ·迈克·诺沃格拉茨预测:比特币和加密货币市值将媲美黄金,达22万亿美元
- · 虚拟货币交易
- · 虚拟货币交易平台排名
- · 数字货币交易app
- · 亿欧交易所下载
- · 数字货币交易所
- · 易欧app官网下载
- · 十大虚拟货币交易平台app
- · 全球三大虚拟货币交易平台
- · ok币
- · 亿欧app下载