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:宏观研究)
- ·vollar币现在价格-vollar币最新价格
- ·BTCS币今日行情
- ·2018京东白条激活失败是为什么,我试了好几次都不行
- ·可保利益构成条件有哪些?需要满足哪些要求?
- ·养老业股票-养老业股票有哪些
- ·低碳冶金概念31日主力净流出1.09亿元,酒钢宏兴、宝钢股份居前
- ·股票st之后
- ·比特币的降温导致以太坊与 PEPE 的对决:原因何在,谁才是赢家
- ·功夫贷身份证无法上传原因是什么啊?身份证一致上传不了。
- ·蚂蚁借呗借的钱怎么查看?钱是存在哪里?
- ·火币网莱特币行情
- ·EosBTCX什么币
- ·火币网靠谱吗
- ·为什么挖矿要用显卡 为什么挖矿要用显卡而不是cpu
- ·关于天气白云什么什么
- ·zerocoin零币交易平台
- · 欧易开户
- · 数字货币交易平台app
- ·欧易交易所下载
- · 欧易app官方下载入口
- · 欧亿app官网正式版下载
- · ok币
- · okcoin交易平台
- · 欧易交易所 电脑
- · 亿欧app下载
- · 加密货币交易所