QCP: Bitcoins momentum is strong and it has surpassed $122,000, driven by institutional demand
Odaily News QCP Asia said in its latest market briefing that Bitcoin has continued to rise and has exceeded $122,000. The market has clearly underestimated the strength of this parabolic rally. This round of rise is driven by key technological breakthroughs and a surge in institutional demand. The Crypto Fear and Greed Index jumped from 40 to 70 in three weeks, and the sentiment quickly shifted from fear to greed.
QCP pointed out that the net inflow of Bitcoin spot ETFs exceeded $2 billion last week, indicating strong momentum for institutional entry. In the derivatives market, leveraged long positions have increased significantly, the funding rate of perpetual contracts is close to 30%, and the total amount of open contracts has exceeded $43 billion, close to the level when BTC returned to $100,000 in January.
Although the short-term top is not yet clear, options market data show that short-term implied volatility has risen but is still below last years average, reflecting that the market is maturing. The demand for call options in September and December continues to be strong, indicating that some traders tend to be cautious about short-term volatility while maintaining long-term optimistic expectations.
QCP said that although it maintains a structural bullish view, it tends to choose opportunities to deploy in potential pullbacks at the current price rather than blindly chasing the rise.
Das könnte Ihnen auch gefallen
Gewinner
Neueste Krypto-Nachrichten
Coinbase: MON-USD-Handelspaar wechselt in den Auktionsmodus
Der erste Spot-Dogecoin-ETF der USA wurde heute gestartet
Eine bestimmte neu erstellte Adresse hat in den letzten 3 Tagen 165,79 Millionen WLFI-Token angesammelt
Griechisch.live: In der chinesischen Community gibt es deutliche Unterschiede in Bezug auf die Marktrichtung. Die Mehrheit der Händler erwartet, dass BTC das Unterstützungsniveau erneut testen wird.
Bloomberg ETF Analyst: XRP- und LINK-Spot-ETFs werden voraussichtlich diese Woche auf den Markt kommen, über 100 Krypto-ETFs werden in den nächsten 6 Monaten gelistet
Kundenservice:@weikecs
Geschäftliche Zusammenarbeit:@weikecs
Quant-Trading & MM:[email protected]
VIP-Services:[email protected]