比特幣（BTC）開放興趣方法一直以來，表明延長的集會可能已啟動

根據貢獻者鱷梨_onchain的最新加密快速帖子，比特幣（BTC）可能會用於延長的集會。

According to a recent CryptoQuant Quicktake post by contributor Avocado_onchain, Bitcoin (BTC) may be setting up for an extended rally. The top cryptocurrency’s open interest in the futures market is approaching

根據撰稿人鱷梨_onchain的最新加密快速帖子，比特幣（BTC）可能正在設置延長的集會。最高加密貨幣在期貨市場上的開放興趣正在接近

The analyst noted that past instances saw Bitcoin’s open interest quickly surge after it broke above a previous peak, which is highlighted in red in the chart. This is quickly followed by a significant price rally, as shown by the yellow arrows and green circles on the chart.

這位分析師指出，過去的實例在比特幣超過了先前的峰值之上後，比特幣的開放興趣迅速激增，圖表中以紅色突出顯示。如圖所示，這很快就進行了大量的價格集會，如圖所示。

Although the current level of open interest has yet to surpass the previous high, its steep upward trajectory suggests it may soon do so. If this level is breached, there is a strong likelihood that BTC’s price could follow suit and break past its current all-time high (ATH).

儘管目前的開放興趣水平尚未超過先前的高點，但其陡峭的向上軌跡表明它可能很快就會這樣做。如果違反此水平，BTC的價格可能會效仿並超越其目前的歷史高（ATH）。

However, Avocado_onchain cautioned that excessive open interest can create an over-leveraged environment, heightening the risk of liquidation events and volatility. But BTC funding rates remain largely stable for now.

但是，Avocado_onchain警告說，過度的開放興趣可以創造過度槓桿化的環境，從而增加了清算事件和波動性的風險。但是BTC的資金率目前基本穩定。

For the uninitiated, funding rates are periodic payments between long and short traders in perpetual futures contracts, meant to keep contract prices aligned with the spot market. In BTC’s context, positive funding rates indicate more demand for longs, while negative rates suggest more demand for shorts.

對於初學者，資金率是永久期貨合約中長期和短交易者之間的定期付款，旨在使合同價格保持與現貨市場保持一致。在BTC的背景下，積極的資金率表明對渴望的需求更多，而負率表明對短褲的需求更多。

Currently, overall funding rates across futures exchanges show a slight long bias without reaching overheated levels. Interestingly, Binance (BNB) – the largest crypto exchange by trading volume – shows a short bias dominance, helping to maintain market equilibrium.

目前，期貨交易所之間的總體資金率顯示出略有長時間的偏見，而沒有達到過熱水平。有趣的是，通過交易量通過交易量最大的加密貨幣交換（BNB）顯示出短暫的偏見優勢，有助於維持市場均衡。

Crypto analyst Ali Martinez also noted this in a recent post on X, where he observed that 63.76% of traders on Binance are currently positioned short. This further cements the idea that the current rise in open interest is driven by healthy long positioning rather than speculative excess.

加密分析師阿里·馬丁內斯（Ali Martinez）在X上最近的一篇文章中還指出了這一點，他觀察到，目前有63.76％的Binance交易者的位置不足。這進一步鞏固了當前開放興趣的興起的想法是由健康的長期定位而不是投機性過剩驅動的。

Moreover, Bitcoin’s renewed upward momentum has begun to reflect in key on-chain indicators. The MVRV ratio, a metric often used to gauge market sentiment, has started to rise—another indication of growing investor confidence.

此外，比特幣的更新向上動力已經開始反映出關鍵的鍊鍊指標。 MVRV比率是一種經常用於衡量市場情緒的指標，它已經開始上升，這是另一個跡象表明投資者的信心增強。

Similarly, the Bitcoin SOTT indicator recently flashed green, a signal that has historically foreshadowed major rallies.

同樣，比特幣Sott指標最近閃爍了綠色，該信號從歷史上預示了主要集會。

As of writing, BTC trades at $97,569, up 0.5% over the past 24 hours.

截至撰寫本文時，BTC的交易價格為97,569美元，在過去24小時內增長0.5％。