比特幣 (BTC) 未平倉合約 (OI) 飆升至 $40B，為 2024 年最高水平

比特幣期貨市場的未平倉合約 (OI) 已飆升至 400 億美元，為 2024 年的最高水準。

Rising Bitcoin Open Interest Poises BTC for Next Price Move

比特幣未平倉量的增加為比特幣的下一次價格走勢做好了準備

Rising Bitcoin Open Interest Poises BTC for Next Price Move

比特幣未平倉量的增加為比特幣的下一次價格走勢做好了準備

Bitcoin [BTC] Open Interest (OI) across futures markets has surged to $40 billion, reaching its highest level in 2024. This rise in OI suggests that BTC is in a crucial phase, with market participants positioning themselves for possible price moves.

比特幣[BTC] 期貨市場的未平倉合約(OI) 已飆升至400 億美元，達到2024 年的最高水平。準備。

Moreover, metrics like funding rates and price action offer deeper insights into broader market sentiment and potential future trends.

此外，融資利率和價格走勢等指標可以更深入地洞察更廣泛的市場情緒和潛在的未來趨勢。

Bitcoin’s price action and Open Interest surge

比特幣的價格走勢和未平倉合約激增

Bitcoin’s price has been on a consistent upward trend, and it is currently trading at $67,578, with a significant rise in Open Interest across various exchanges.

比特幣的價格一直處於持續上漲趨勢，目前交易價格為 67,578 美元，各交易所的未平倉合約大幅增加。

Since early October, BTC has been riding a wave of bullish momentum, supported by strong market sentiment. The 50-day moving average, currently at $62,120, has acted as a firm support, pushing the price toward its present levels.

自10月初以來，在市場情緒強勁的支撐下，BTC迎來一波看漲勢頭。目前位於 62,120 美元的 50 日移動平均線起到了堅實的支撐作用，將價格推向目前的水平。

A technical glance at the price chart reveals that Bitcoin’s price has been trading within a rising channel, with the lower trendline providing support at around $58,000.

從價格圖表的技術角度來看，比特幣的價格一直在上升通道內交易，較低的趨勢線在 58,000 美元左右提供支撐。

However, as the price ascends, it encounters resistance at the upper trendline, which was breached recently, leading to a potential price surge.

然而，隨著價格上漲，它在上方趨勢線遇到阻力，該阻力最近被突破，導致價格潛在上漲。

Relative Strength Index (RSI) on the 4-hour chart adds to the bullish narrative, with a reading of 62.18, indicating that Bitcoin is in a bullish phase but still has room to grow before becoming overbought.

4 小時圖表上的相對強度指數 (RSI) 增加了看漲的敘述，讀數為 62.18，表明比特幣處於看漲階段，但在超買之前仍有成長空間。

Additionally, the Chaikin Money Flow (CMF) is also positive at 0.12, highlighting sustained buying pressure and strong inflows into Bitcoin.

此外，Chaikin 資金流量 (CMF) 也為 0.12，凸顯持續的購買壓力和大量資金流入比特幣。

This surge in Open Interest, according to data from Glassnode, suggests that traders are opening more leveraged positions, anticipating further upward momentum or a significant upcoming price movement.

Glassnode 的數據顯示，未平倉量的激增表明交易者正在開立更多槓桿頭寸，預計價格將進一步上漲或即將出現重大波動。

Historically, a spike in OI is often a precursor to heightened volatility as traders prepare for substantial market changes.

從歷史上看，當交易者為巨大的市場變化做準備時，持倉上漲往往是波動性加劇的先兆。

Bitcoin funding rates show bullish sentiment

比特幣融資利率顯示看漲情緒

An analysis of Bitcoin’s funding rates across exchanges reveals consistently positive rates. This indicates that traders holding long positions are paying a premium to those holding short positions, further signaling bullish market sentiment.

各交易所比特幣融資利率的分析顯示，利率始終為正。這顯示持有多頭部位的交易者比持有空頭部位的交易者支付溢價，進一步顯示看漲的市場情緒。

However, while positive funding rates suggest optimism, they also come with a warning. Prolonged high funding rates can lead to overleveraged conditions, increasing the risk of long liquidations if the price suddenly corrects.

然而，儘管積極的融資利率表明樂觀情緒，但也帶有警告。長期的高融資利率可能會導致過度槓桿化，如果價格突然調整，就會增加多頭清算的風險。

Since early October, funding rates have spiked alongside price increases, suggesting that while the market is bullish, it could be nearing resistance or profit-taking points.

自 10 月初以來，融資利率隨著價格上漲而飆升，這表明儘管市場看漲，但它可能正在接近阻力位或獲利了結點。

OI and volatility signals ahead

OI 和波動性訊號

The surge in Open Interest and sustained positive funding rates reflect growing optimism in the Bitcoin market. However, with OI reaching $40 billion, traders should prepare for potential volatility.

未平倉合約的激增和持續的正融資利率反映了比特幣市場日益樂觀的情緒。然而，隨著 OI 達到 400 億美元，交易者應該為潛在的波動做好準備。

The Average True Range (ATR), currently around 96.16, indicates growing volatility, which could lead to sharp price swings in either direction.

平均真實波動範圍 (ATR) 目前約為 96.16，顯示波動性不斷加大，這可能導致價格朝任一方向大幅波動。

Another price surge could follow if Bitcoin can maintain its current trajectory and break through key resistance levels near $68,000.

如果比特幣能夠維持目前的軌跡並突破 68,000 美元附近的關鍵阻力位，那麼價格可能會再次上漲。

However, the high OI and elevated funding rates also mean a potential price correction is on the horizon, particularly if long positions get liquidated during a price drop. This sets the stage for a possible shake-up, making it essential for traders to stay vigilant in the coming days.

然而，高持倉量和較高的融資利率也意味著潛在的價格調整即將到來，特別是如果多頭部位在價格下跌期間被清算的話。這為可能的重組奠定了基礎，因此交易者在未來幾天必須保持警惕。