【Market Update】Bitcoin’s weekend rebound faces a key test, with the $80,400 level set to determine its next move.
$BTC is currently trading near $82,900, after spot ETFs saw outflows of nearly $730 million. In the futures market, BTC open interest remains elevated at $7.7 billion, funding rates are negative, and long positions are receiving funding payments. Saturday’s options settlement is complete, with another expiry on Sunday. Whether traders are re-leveraging, continuing to reduce positions, or hedging against further declines will directly determine how far the rebound can go.
(Source: Cryptoslate)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; please exercise caution.
#BTC #比特币 #ETF
$BTC is currently trading near $82,900, after spot ETFs saw outflows of nearly $730 million. In the futures market, BTC open interest remains elevated at $7.7 billion, funding rates are negative, and long positions are receiving funding payments. Saturday’s options settlement is complete, with another expiry on Sunday. Whether traders are re-leveraging, continuing to reduce positions, or hedging against further declines will directly determine how far the rebound can go.
(Source: Cryptoslate)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; please exercise caution.
#BTC #比特币 #ETF