比特币（BTC）期货开放兴趣已飙升至创纪录的750亿美元

根据Coinglass数据，比特币（BTC）期货已达到了超过750亿美元的新ATH。

Bitcoin futures open interest (OI) has surged to a record high of over $75 billion, according to Coinglass data.

根据Coinglass数据，比特币期货开放兴趣（OI）已飙升至创纪录的750亿美元。

This signals a strong buildup in leveraged exposure as traders are eyeing a breakout above the key $108K resistance level, where a dense cluster of bearish short positions could trigger a massive short squeeze.

这标志着杠杆风险的强烈积累，因为贸易商正在关注关键$ 108K的电阻水平的突破，在这里，一个浓密的看跌短缺的位置可能会触发大量的短暂挤压。

Over the past 24 hours alone, total OI saw an increase of 4.23%, reaching $75.38 billion. Among major exchanges, Chicago Mercantile Exchange leads with $17.43 billion, followed by Binance with $12.41 billion, Bybit with $7.41 billion, Gate.io with $7.07 billion, and OKX with $4.6 billion.

仅在过去的24小时内，OI总数增长了4.23％，达到753.8亿美元。在主要交易所中，芝加哥商人交易所以174.3亿美元的价格领先，其次是124.1亿美元，拜比特（Bybit），占74.1亿美元，Gate.io，持续了70.7亿美元，OKX为46亿美元。

Among exchanges with lower liquidity, Hyperliquid recorded the highest 24-hour open interest growth at +30.21%, followed by MEXC with +10.63% and BitMEX with +8.13%.

在流动性较低的交流中，超流动性的24小时开放兴趣增长率为 +30.21％，其次是MEXC， +10.63％，比特米克斯（Bitmex） +8.13％。

Within this highly leveraged environment, the potential for bearish liquidations — specifically of short positions—becomes a powerful force that could propel BTC to new highs.

在这个高度杠杆的环境中，看跌清算的潜力（特别是短职位）可能会使BTC推向新高点。

Looking at the latest BTC/USDT liquidation heatmap from FTX reveals substantial clusters of short liquidations above the current price range, particularly concentrated around the $108K level. The heatmap also shows additional liquidity bands above $110K, suggesting that if the initial $108K is cleared, even more aggressive liquidations could be set off, further intensifying bullish momentum.

查看来自FTX的最新BTC/USDT清算热图发现，大量的短量清算群以高于当前的价格范围，尤其是集中在108K $ 108K的水平左右。热图还显示了超过$ 110K的额外流动性带，这表明如果清除了最初的108K美元，则可以设置更多积极进取的清算，从而进一步增强了看涨的势头。

At press time, Bitcoin price is trading at $106.5K. It has been struggling to close above $107K, but yesterday it went as high as $107,307. If $108K level is broken, the next significant psychological level is $110K, which Arthur Hayes considers the critical threshold for the next leg up.

发稿时，比特币价格的交易价格为106.5K美元。它一直在努力收盘超过107,000美元，但昨天上涨高达107,307美元。如果$ 108K的水平被打破，下一个重要的心理水平为11万美元，亚瑟·海斯（Arthur Hayes）认为下一条腿的关键门槛。

According to Hayes, BTC price must break above $110K and push toward $150–$200K to spark a true altcoin season. He sees this breakout potentially materializing by early Q3, fueled by rising liquidity and trading volume.

根据海斯的说法，BTC的价格必须超过$ 11万美元，并向$ 150- $ 200k推出，以激发真正的山寨币季节。他认为，由于流动性和交易量的增加，这种突破可能在第三季度早期实现。