比特幣永久期貨：開放利息激增，BTC接近$ 110,000

對比特幣永久期貨的開放興趣正在飆升，信號引起了看漲的情緒。本文介紹了最新趨勢以及驅動市場的原因。

Bitcoin Perpetual Futures: Open Interest Surges as BTC Nears $110,000

比特幣永久期貨：開放利息激增，BTC接近$ 110,000

Bitcoin's perpetual futures market is heating up! With open interest surging and BTC eyeing the $110,000 mark, things are getting interesting. Let's break down what's happening.

比特幣的永久期貨市場正在加熱！隨著開放興趣激增和BTC關注110,000美元的成績，事情變得越來越有趣。讓我們分解發生的事情。

Open Interest Explodes

開放興趣爆炸

Recently, open interest in Bitcoin perpetual futures listed on offshore exchanges saw a massive jump, increasing by nearly 10% to $26.91 billion. That's the biggest single-day increase in four months! This surge indicates a strong influx of capital and renewed enthusiasm in the market.

最近，在離岸交易所上市的比特幣永久期貨的開放興趣大大增加了近10％，達到269.1億美元。這是四個月來最大的單日增長！這種激增表明，市場上大量的資本和新的熱情湧入。

For those new to the game, open interest refers to the total number of active contracts. A rise in open interest alongside a price increase typically confirms the strength of an uptrend. And boy, did BTC's price jump – over 3.5% to $109,600!

對於那些新的遊戲的人，開放興趣是指活動合同的總數。與價格上漲同行的開放興趣的上升通常證實了上升趨勢的實力。男孩，BTC的價格上漲了 - 超過3.5％至109,600美元！

What's Fueling the Fire?

是什麼燃燒火？

Several factors are contributing to this bullish momentum:

有幾個因素促成了這種看漲的勢頭：

• Disappointing U.S. Jobs Report: Weak economic data strengthens the case for the Fed to cut interest rates, which often boosts risk assets like Bitcoin.
• Trump's Trade Deal with Vietnam: Positive geopolitical developments can improve market sentiment.
• New Solana ETF: The launch of the REX-Osprey Solana + Staking ETF is creating excitement and attracting new investors.

Funding Rates on the Rise

籌資率正在上升

The perpetual funding rates for BTC and ETH have also ticked up, from an annualized 5% to over 7%. This suggests there's increased demand for leveraged bullish positions. Even meme coins like DOGE and ADA are seeing funding rates top 10%!

BTC和ETH的永久融資率也從年度的5％到7％以上。這表明對槓桿看漲立場的需求增加。甚至像Doge和Ada這樣的模因硬幣也看到資金率最高的10％！

Liquidations Galore

清算

Of course, with increased leverage comes increased risk. The recent price rally triggered a total of $300 million in liquidations, primarily affecting bearish short positions. Over 107,000 traders got liquidated in a single day, with one unlucky soul on Hyperliquid losing over $2.32 million.

當然，隨著槓桿率的增加，風險增加。最近的價格集會引發了總計3億美元的清算，主要影響看跌的短職位。超過107,000個交易者在一天之內就被清算了，一個不幸的靈魂因超級流利而損失了232萬美元。

A Word on Market Maturity

關於市場成熟的一句話

While volatility is inherent in crypto, some argue that the Bitcoin perpetual swap market is maturing. BitMEX's study on XBTUSD, the longest-running Bitcoin perpetual swap, reveals a shift towards greater market stability, facilitated by arbitrage opportunities.

儘管加密貨幣固有的波動性是穩定性的，但有人認為比特幣永久交換市場正在成熟。 BITMEX對XBTUSD的研究是最長的比特幣永久交換，它揭示了向更大的市場穩定性的轉變，這是由套利機會促進的。

Final Thoughts

最後的想法

The Bitcoin perpetual futures market is buzzing with activity, driven by a mix of economic factors, geopolitical developments, and innovative financial products. While the potential for gains is enticing, remember to trade responsibly and be aware of the risks involved. After all, nobody wants to be on the wrong end of a $2.32 million liquidation! Keep an eye on the open interest, funding rates, and market news, and you might just catch the next wave. Happy trading, folks!

由經濟因素，地緣政治發展和創新金融產品組合的驅動，比特幣永久期貨市場正在嗡嗡作響。儘管收益的潛力是誘人的，但請記住要負責任地交易並意識到所涉及的風險。畢竟，沒有人願意在232萬美元的清算中處於錯誤的末端！請密切關注開放興趣，融資率和市場新聞，您可能會發現下一波浪潮。伙計們，愉快的交易！