45 周以来第一次,$BTC 站回 50 周均线上方——资金费率还是负的。

86k, broke cleanly and decisively. In theory, a breakout of this magnitude should send funding rates soaring—bulls piling in and squeezing each other. Instead, it went the opposite way: on multiple platforms, BTC funding rates are still negative, and Binance’s rate is even lower than the market median.

Who’s buying? Glassnode breaks it down clearly: both the spot side and the perpetual side are buying. The ETF net inflow over five days is only $6.1 million—nowhere near enough to match this kind of breakout. Open interest is pushed up to the 92nd percentile, but liquidation volume is only at the 43rd percentile—positions are stacked, yet not at the point where a liquidation squeeze is imminent. Bullish leverage is nowhere near overheated.

$ETH is up 2.6%; the funding rate indicates that bearish sentiment is easing. $SOL followed in, ranking among the top three Binance U-based trading volumes. The move, with spot leading and contracts following, is stronger than a hard levered push.

At 4:00 a.m., U.S. stocks have just closed, and Asia is still half asleep—this is when the handover window has the thinnest liquidity. After Binance settles the funding rate at 00:00, the next signal at 08:00 will tell the real story: if the funding rate flips positive, longs are entering; if it doesn’t, the washout continues, and any pullback becomes the pickup zone.

My trading reference: go long $BTC , don’t chase above 86k; wait for the pullback to 85–85.5k and enter in batches. Stop-loss below 83k. Target 88k. Try lightly—don’t throw everything at a thin-liquidity window.

#比特币 #资金费率 #持仓量 #FuturaKey #deep-night watch