BTC价格和二人资金率之间是否存在相关性？

在加密平台上的QuickTake帖子中，链链分析师Burak Kesmeci检查了如何使用二手货币的资金率来分析比特币的价格轨迹。

The price of Bitcoin (BTC) has made quite the recovery in the past few weeks, raising questions about the sustainability of this fresh bullish momentum. It remains to be seen whether the flagship cryptocurrency is setting a bull’s trap, or it is making a legitimate claim for a new all-time-high price. However, the latest on-chain data suggests that the Bitcoin price might be at the beginning of a strong upward trend.

在过去的几周中，比特币（BTC）的价格已经取得了相当大的恢复，引发了有关这种新的看涨势头的可持续性的疑问。旗舰加密货币是设置公牛的陷阱还是为新的历史最高价格提出合法索赔还有待观察。但是，最新的链链数据表明，比特币价格可能是强劲的上升趋势的开始。

Is There A Correlation Between BTC Price And Binance Funding Rates?

BTC价格和二人资金率之间是否存在相关性？

In a Quicktake post on the CryptoQuant platform, on-chain analyst Burak Kesmeci examined how funding rates on Binance can be used to analyze Bitcoin’s price trajectory in the short term. For context, the “funding rate” metric measures the periodic fee exchanged between traders in the derivatives (perpetual futures) market.

在加密平台上的QuickTake帖子中，链链分析师Burak Kesmeci检查了如何使用二手货币来分析比特币的价格轨迹。在上下文中，“资金率”度量标准衡量衍生品（永久期货）市场中交易者之间交换的周期性费用。

A positive funding rate indicates that the long traders (investors with buy positions) are paying a fee to short traders (investors with sell positions). This trend of the periodic fee signals the prevalence of a bullish sentiment in the crypto market.

正面的融资率表明，长交易者（具有买入头寸的投资者）正在向短交易者（具有卖出职位的投资者）支付费用。定期费用的这种趋势表明，加密货币市场中看涨情绪的流行。

On the other hand, a low funding rate metric implies that investors with short positions are paying long traders in the derivatives market. This direction of funding rate suggests that the market is being dominated by the short sellers.

另一方面，低资金率指标意味着职位短缺的投资者在衍生品市场中支付了较长的交易者。这个资金率的方向表明，市场由卖空者主导。

According to Kesmeci, an in-depth evaluation of Binance’s Bitcoin funding rates over the past 30 days shows a clear correlation with the short-term price movement. When funding rates turned positive, the price of BTC typically experienced notable increases in the short term.

根据Kesmeci的说法，过去30天对Binance的比特币融资率进行了深入评估，这表明与短期价格变动有明显的相关性。当资金率变为正时，BTC的价格通常在短期内会显着上涨。

The on-chain analyst highlighted two scenarios in the past month where the price of BTC displayed a strong correlation with the funding rates. Firstly, the Bitcoin funding rates on Binance entered positive territory and reached strong levels (0.0030 and above) between April 10 and April 22, with price simultaneously rising from $79,000 to $93,000.

这位链分析师在过去一个月中强调了两种情况，在过去的一个月中，BTC的价格与筹资率有很强的相关性。首先，在4月10日至4月22日之间，Binance的比特币融资率进入了正区域，并达到了强大的水平（0.0030及以上），价格同时从79,000美元上涨至93,000美元。

In the second period — between May 6 and May 10, the funding rates once again entered into positive territory, with the Bitcoin price jumping from $95,000 to $103,000 during this time. According to Kesmeci, the funding rates on Binance — the world’s largest exchange by trading volume — remain pivotal to the BTC price trajectory.

在第二阶段 - 在5月6日至5月10日之间，资金率再次进入积极的领土，在此期间，比特币价格从95,000美元上升到103,000美元。根据Kesmeci的说法，Binance的筹资率（通过交易量通过交易量）仍然对BTC价格轨迹仍然关键。

Kesmeci concluded that the rise in the spot market, reinforced by positive funding rates in the futures market, suggests a strong short-term upward trend for the Bitcoin price. With further bullish momentum, it would only be a matter of time before the premier cryptocurrency reclaims its current all-time-high price and perhaps forge a new one.

Kesmeci得出的结论是，现货市场的增长在期货市场的积极融资率加强了，这表明比特币价格的短期上升趋势强劲。有了进一步看涨的动力，总理加密货币将收回其目前的历史最高价格，也许是新的，这只是时间问题。

Bitcoin Price At A Glance

比特币价格一目了然

As of this writing, the price of BTC stands at around $103,605, reflecting a 0.5% jump in the past 24 hours.

截至撰写本文时，BTC的价格约为103,605美元，反映了过去24小时的0.5％上涨。