📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Recent observations of the BTC market over the past few hours reveal an interesting phenomenon. Despite the funding rate continuing to decline, indicating increased short positions pressure, the BTC price has been slowly rising, suggesting persistent buying strength. The entire night has shown a confrontation between short positions and long positions.
The funding rate has been continuously decreasing from 0.63%, while the price has mysteriously continued to rise, a paradoxical phenomenon that is both amusing and baffling. By 08:17 AM Asia time, the funding rate had dropped to 0.0019%, but the price has still not shown any significant decline.
This situation raises an interesting question: when will the confrontation between short positions and long positions reach a turning point? The current market seems to be in a delicate balance, with short positions exerting pressure by lowering the funding rate, while long positions support the price through continuous buying.
This phenomenon may reflect the divergence among market participants regarding the future trend of BTC. Short positions may anticipate a price drop, while long positions may be optimistic about the long-term outlook. Regardless, this unique market dynamic is worth continuous attention, as it may signify important changes in the future trend of BTC prices.