CryptoQuant: Bitcoin futures market has not yet signaled capitulation
CryptoQuant stated on the X platform that the Bitcoin futures market has not yet shown a surrender signal. Given that the amount of long position liquidation is relatively small and there has been no significant negative funding rate, we believe that the futures market has not yet shown a surrender phenomenon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US spot Bitcoin ETF had a net outflow of $569 million yesterday
US spot Ethereum ETF had a net outflow of $159 million yesterday
Taiwan's financial regulator will propose a draft cryptocurrency law by the end of June
Opinion: It may take months for the US government to "get approval" and "actually sell" 69,370 BTC