- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Matrixport: Retail Leveraging Surges Ahead of FOMC, Key Catalyst Could Play Out After Summer
BlockBeats News, July 23rd, Matrixport released today's market analysis stating, "Over the past two weeks, the open interest of Bitcoin futures contracts has increased significantly by $6 billion, with the annualized funding rate soaring to 19%, indicating the presence of a large number of aggressive leveraged long positions in the market. At the same time, South Korean retail traders' activity has significantly increased, with cryptocurrency trading volume jumping from $10 billion to $60 billion, reflecting the dominant role of retail funds in this round of the market."
However, as the price enters a consolidation phase, these high-leverage long positions may face forced liquidation risks, especially after next week's FOMC meeting, as the market enters a relatively quiet August trading period.
Despite short-term volatility, multiple key positives are accumulating for a post-summer surge, and the overall upward trend in the crypto market is still not over."
You may also like
Gainers
Latest Crypto News
CZ: Predicts More All-Time Highs Coming Soon, Exact Timing Unknown
「Rising Star 100% Win Rate Trader」 Goes Short with 40x Leverage on 500 BTC
「Bull Buddy」 is once again hyping up for a long position, with an average entry price of $31.97.
Kalshi has completed a $1 billion funding round at a $1.1 billion valuation
Coinbob has launched an on-chain address monitoring and copying tool for the Pacifica chain, allowing users to synchronize and earn Pacifica token rewards.
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App