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:创业研究)
- ·手把手教你拍出大片感_如何拍
- ·公认最好数字货币交易软件有什么?入门选择数字货币交易软件公布
- ·苹果手机如何下载欧易okx?欧易okx官网ios下载教程
- ·PA日报 | BingX遭遇黑客攻击,Cyvers统计的损失超5200万美元;多个包含50枚比特币的地址在休眠15.6年后被重新激活
- ·武夷山森林公园在哪里
- ·峡谷什么东风什么
- ·币安如何安全出入金?币安C2C出入金详细流程
- ·分公司的发票抬头能在总公司入账吗
- ·交易平台那个好_最好的前十名数字货币交易软件排名合集
- ·币信跟火币网
- ·柏树苗价格全解析,买前必看!柏树苗多少钱一棵
- ·金税盘抄税清卡流程是什么
- ·pi币在cmc交易平台的排名的简单介绍
- ·十大正规平台 玩滚球的十大正规平台
- ·温州北雁荡山在哪里-温州北雁荡山风景区
- ·火币特讯
- · 数字货币交易所
- · 易欧app官网下载
- · okx交易所app官网
- · 欧易交易所 电脑
- · okx官方
- ·欧易交易所下载
- · 虚拟货币交易平台有哪些
- · okcoin交易平台
- · okb交易所官网
- · 欧亿app官网正式版下载