According to Odaily, Zerocap analysts have reported a significant surge in Bitcoin's three-month annualized basis over the weekend, exceeding 10%. This indicates that the market is building a positive sentiment. The futures basis, which is the price difference between the spot price of a commodity or asset at a specific location and the price of the same commodity or asset in a specific futures contract, is of great importance to investors and traders. This is because it not only reflects the range of changes between the spot price and the futures price, but also affects the strategy and effectiveness of hedging. The recent surge in Bitcoin's three-month annualized basis suggests a growing optimism in the market, potentially leading to increased trading activity and investment in the cryptocurrency.