10x Research: Powell's Friday Speech May Boost Stocks and Risk Assets such as Bitcoin
Bitget2024/08/22 02:21
According to Trader T's monitoring, in the past 10 days, the open positions of BTC futures contracts have increased by 12%: -CME: Increased by 9.3% -Binance: Increased by 12.5%. The constant negative funding rate: -Binance was -0.035% for the past seven days. It also stated that many short positions have begun to accumulate. With the shrinkage of trading volume, a short squeeze (price surge) may be imminent.
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