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:宏观研究)
- ·组装产品属于什么经营范围
- ·易钱包安全合法吗-易钱包安全么
- ·火币网以太坊提现
- ·运费占销售收入比例多少合适
- ·ckb币今日价格
- ·比特儿交易平台合法吗
- ·OKX Chief Marketing Officer Haider: Unveiling the all-new upgrade of OKX Web3 wallet, which will bring infinite possibilities
- ·fi货币今日行情
- ·特朗普称赞贝森特上电视带动市场上涨
- ·长沙住房公积金贷款条件
- ·买股票绝招-买股票的绝招
- ·Pengu集会与比特币同步:能否突破0.0141美元阻力?
- ·机构加仓、生态势头良好,比特币牛市延续有戏?
- ·zcoin钱包下载-zel币钱包
- ·比特币热钱革命:Web3应用如何撬动2400亿美元市场?
- ·比特币snt价格
- · 亿欧app下载
- · 十大虚拟货币交易平台app
- · 数字货币交易app
- · 欧亿app官网正式版下载
- · okx交易所app官网链接
- · 数字货币交易所
- · okx网页版
- · 虚拟货币交易
- · 欧易正规
- · okcoin下载官方app