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.
BTC2.57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
CommunityWorkervip
· 08-11 00:53
long positions will eventually kill the short dogs
View OriginalReply0
GateUser-0b68d6ccvip
· 08-08 01:53
Sure HODL💎
View OriginalReply0
PositionPhobiavip
· 08-08 01:48
The anxiety of having a short order being eaten.
View OriginalReply0
SurvivorshipBiasvip
· 08-08 01:41
bearish traders have all evaporated
View OriginalReply0
DegenWhisperervip
· 08-08 01:36
bearish traders are miserable
View OriginalReply0
SatoshiNotNakamotovip
· 08-08 01:34
Having seen many long and short battles.
View OriginalReply1
GateUser-2fce706cvip
· 08-08 01:33
short positions are just playing with you, the trend is unstoppable
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)