Contract Order Book Daily Report｜10/2 Buy Pressure Turns Stronger as Leverage Keeps Rising
The last signal was price increase and adding positions, with buy pressure rather weak. Now, with price continuing to move higher, the buy side has taken over.
At noon, $BTC was reported at $85,258.7, up 2.13%. Total open interest rose to $8.373 billion, up 3.2%.
The ratio of aggressive buy orders to sell orders increased to 1.31, indicating that newly added leverage is no longer just passive stacking. This signal is still unfolding, and its quality has improved somewhat.
Long and short positions are exactly 50/50, with no serious directional skew.
The funding rate is only 0.0044%, so the cost of chasing has not been high for now, but the greed index has reached 72—sentiment has moved into a relatively overheated zone first.
The risk here is not that longs are too crowded, but that after sentiment warms up, positions continue to expand without enough spot demand to absorb them.
On the news front, there are two items supporting risk appetite.
US securities regulators are pushing to streamline crypto asset custody rules for investment advisers, lowering compliance friction for institutions to enter.
The Ethereum Foundation has also launched a paid interface for an AI model that protects identity information, allowing $ETH to simultaneously capture narratives around both AI and privacy payments.
On the other hand, Trump is planning another exclusive event for top holders of $TRUMP . The attention catalyst is clear, but its price is still at $1.91, with trend indicators pointing downward.
Until event hype turns into price strength, it is more like high-volatility trading chips rather than a confirmed signal from the main market.
Next, watch only one falsification condition: $BTC open interest keeps increasing, but the aggressive buy/sell ratio falls back below 1.
Once that happens, the current uptrend with add-on positioning at higher prices would shift from a healthy expansion back into a leveraged short-circuit.
Compiled with assistance from Claude Fable 5. For information purposes only—please verify independently.
The last signal was price increase and adding positions, with buy pressure rather weak. Now, with price continuing to move higher, the buy side has taken over.
At noon, $BTC was reported at $85,258.7, up 2.13%. Total open interest rose to $8.373 billion, up 3.2%.
The ratio of aggressive buy orders to sell orders increased to 1.31, indicating that newly added leverage is no longer just passive stacking. This signal is still unfolding, and its quality has improved somewhat.
Long and short positions are exactly 50/50, with no serious directional skew.
The funding rate is only 0.0044%, so the cost of chasing has not been high for now, but the greed index has reached 72—sentiment has moved into a relatively overheated zone first.
The risk here is not that longs are too crowded, but that after sentiment warms up, positions continue to expand without enough spot demand to absorb them.
On the news front, there are two items supporting risk appetite.
US securities regulators are pushing to streamline crypto asset custody rules for investment advisers, lowering compliance friction for institutions to enter.
The Ethereum Foundation has also launched a paid interface for an AI model that protects identity information, allowing $ETH to simultaneously capture narratives around both AI and privacy payments.
On the other hand, Trump is planning another exclusive event for top holders of $TRUMP . The attention catalyst is clear, but its price is still at $1.91, with trend indicators pointing downward.
Until event hype turns into price strength, it is more like high-volatility trading chips rather than a confirmed signal from the main market.
Next, watch only one falsification condition: $BTC open interest keeps increasing, but the aggressive buy/sell ratio falls back below 1.
Once that happens, the current uptrend with add-on positioning at higher prices would shift from a healthy expansion back into a leveraged short-circuit.
Compiled with assistance from Claude Fable 5. For information purposes only—please verify independently.
