The derivatives market releases key signals: the long-short game intensifies
The funding rate of BTC perpetual contracts has remained above 0.01% for three consecutive days, and the open interest has exceeded US$38 billion, setting a record high. Deribit option data shows that at the end of June, there were dense positions in $65,000 call options, and some institutions bet on a breakthrough. However, the premium rate of stablecoins on exchanges fell back to -0.3%, indicating insufficient incremental funds. Be wary of the risk of pins caused by high-leverage liquidations, which may maintain a 5% amplitude fluctuation in the short term. It is recommended to reduce contract leverage, and spot positions can be deployed in volatility-sensitive DeFi option protocols.
(Note: The above content is only for simulation analysis and does not constitute investment advice. The digital currency market is volatile, so please make decisions with caution)
