#加密市场反弹 The multi-army has already been fully exploded recently, and next the air force will be exploded. The leverage has been significantly cleared, and the market structure will be healthy.

Compared to the contract holding data before October 12, the open interest in contracts has been declining for the past two months;

The US spot ETF has seen an outflow of 3.5 billion USD in BTC and 1.4 billion USD in ETH; the funding rate for BTC perpetual contracts briefly fell below 2 standard deviations of the 90-day average before rebounding.

In the short term, the market is likely to experience a sharp correction, but the overall direction is upward, and the major market trend will be in 2026 #合约爆仓 .