Contract Order Book Daily｜8/25 Both Price and Positions Climb, But Bids Fall Behind
At 07:00 this morning, $BTC marked the price at $78,728, up 1.48%. It is only about 1.6% away from $80,000.
Open interest rose to $8.445 billion, up 2.9%, with leverage expanding faster than price.
However, the ratio of aggressive buy vs. sell is only 0.98—trading execution still leans slightly toward sell pressure.
Longs account for 49%, and there is no one-sided overcrowding.
Yet the funding rate climbed to +0.0062%, while ETH and SOL are at +0.0093% and +0.01% respectively—chasing higher is raising costs.
The Fear & Greed index is 73, sentiment is hot, but new positions have not received confirmation from strong aggressive buying.
Catalysts are concentrated in $BTC .
The market statistics show a 23.56% gain over the past week, the largest weekly bullish candle since March 2023. After Strive’s token issuance, it also bought $81.5 million worth of Bitcoin. Expectations that the U.S. crypto market-structure bill could gain bipartisan support in the Senate.
The spot narrative is being amplified, but the derivatives market shows a divergence: “price up, open interest up, but aggressive buying is weak.”
Smaller-cap coins are stacking risk on both sides.
$STORJ funding is as low as -0.366%, meaning shorts have very high costs, making passive covering more likely. ESports funding reaches +0.132%, and the long side is even more afraid of quickly deleveraging.
Next, focus first on the aggressive buy vs. sell ratio around $80,000: if it cannot reclaim above 1, then continued growth in open interest is not confirmation—it’s clearing fuel.
Live account note: This account currently holds $FOGO long positions. The rationale has not changed, so we continue holding.
Compiled with the help of Claude Fable 5 to assist in organizing contract data. For informational reference only—please verify independently.
At 07:00 this morning, $BTC marked the price at $78,728, up 1.48%. It is only about 1.6% away from $80,000.
Open interest rose to $8.445 billion, up 2.9%, with leverage expanding faster than price.
However, the ratio of aggressive buy vs. sell is only 0.98—trading execution still leans slightly toward sell pressure.
Longs account for 49%, and there is no one-sided overcrowding.
Yet the funding rate climbed to +0.0062%, while ETH and SOL are at +0.0093% and +0.01% respectively—chasing higher is raising costs.
The Fear & Greed index is 73, sentiment is hot, but new positions have not received confirmation from strong aggressive buying.
Catalysts are concentrated in $BTC .
The market statistics show a 23.56% gain over the past week, the largest weekly bullish candle since March 2023. After Strive’s token issuance, it also bought $81.5 million worth of Bitcoin. Expectations that the U.S. crypto market-structure bill could gain bipartisan support in the Senate.
The spot narrative is being amplified, but the derivatives market shows a divergence: “price up, open interest up, but aggressive buying is weak.”
Smaller-cap coins are stacking risk on both sides.
$STORJ funding is as low as -0.366%, meaning shorts have very high costs, making passive covering more likely. ESports funding reaches +0.132%, and the long side is even more afraid of quickly deleveraging.
Next, focus first on the aggressive buy vs. sell ratio around $80,000: if it cannot reclaim above 1, then continued growth in open interest is not confirmation—it’s clearing fuel.
Live account note: This account currently holds $FOGO long positions. The rationale has not changed, so we continue holding.
Compiled with the help of Claude Fable 5 to assist in organizing contract data. For informational reference only—please verify independently.
