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:现货银)
- ·碳酸锂分析:碳酸锂价格持续走低,市场等待的催化剂究竟在何方?
- ·比特股用什么挖矿 比特股用什么挖矿最好
- ·电子货币价格今日行情-电子货币价格今日行情最新
- ·XRP价格走势陷入关键节点:交易者需警惕的三大核心风险
- ·5 月 25 日比特币价格预测:多头将捍卫 10.8 万美元还是会进一步下跌?
- ·英国数字版权交易所
- ·韩国 KBW 会后指南:从交易所到 KOL,一文掌握关键玩家
- ·2021矿机行情
- ·DYN币未来价格-dyn币未来能涨到多少
- ·钱包如何发行虚拟货币
- ·空壳公司如何报税做帐
- ·韩国监管机构将与SEC主席加里·根斯勒讨论现货比特币ETF
- ·代币流通速度可能是 XRP 价格目前滞后的原因
- ·PI 的 4 周涨势受到威胁 – 什么将决定下一个价格是否会跌至 0.30 美元
- ·股票诊断器
- ·澳洲数字货币交易平台
- · 欧易开户
- · 数字货币交易app
- · 虚拟货币交易
- · oe交易所app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
- ·欧易交易所下载
- · 欧亿app官网正式版下载
- · ok币
- · 亿欧交易所下载