Instantly Soaring FDUSD Trading Volume Surges 14 Times

Odaily Planet Daily News: Despite MicroStrategy's plan to issue stocks that hoard Bitcoin, allowing it to purchase more Bitcoin, Bitcoin still fell today, dropping about 3% to $95420 during trading. Some traders have warned that the market could become volatile in the coming day due to a large number of open positions in Bitcoin and Ethereum derivatives expiring. On Friday, a record breaking $43 billion worth of open contracts will expire on the derivatives exchange Deribit, including $13.95 billion worth of Bitcoin options and $3.77 billion worth of Ethereum options. (Golden Ten)

BTC fell below $96000. According to the tracking of large transaction indicators, from 14:00 to 16:40, Binance BTC spot traders hit the market, selling $42 million at market price and net selling about $30.7 million. At present, the bulls are beginning to resist, and the main market price of Binance is buying at the bottom. A major player has placed a large order worth 11.247 million US dollars at $96500, but the sell-off has not stopped yet. It is important to pay attention to key supports ranging from $95500 to $95000, with lower support at $94300 and upper pressure at $99180. The data is sourced from PRO members, for reference only, and does not constitute any investment advice!

Inviting you to join the personal meeting room of Fuxi Community. Click on the link to join the meeting directly: https://meeting.tencent.com/p/9309732027# BTC Market Analysis: In the previous trading day, after the rebound of the large pie, it entered the adjustment stage. Currently, the price level remains in the range of 97400-99400. After a small attempt to test the 100000 level in the morning session failed, a pullback break ABC was initiated. As of now, the market has tested the 97400-97600 line again. During the trading day, the key to repairing the bulls is whether the support in the key price range below can be effective! ETH Market Analysis: ETH also belongs to the small-scale range adjustment, relatively weak. Overall, ETH is currently converging in the small-scale range, and testing the lower edge within the minute level range. The key price range below is between 3400-3420. Whether the support in this range is effective during the trading day determines whether to continue to repair or accelerate the decline! Regarding the BTC/ETH market structure, strategic layout, etc., detailed explanations will be provided in the live broadcast room. If you need it, please move to the live broadcast room! Tencent Meeting Number: 9309732027 QQ group number: 686920226 Join the Fuxi Community Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Study of professional technical analysis theory 3. Construction and improvement of trading system 4. Daily live streaming of courses, contract pages, and comprehensive analysis Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.

Odaily Planet Daily News: Cryptocurrencies were once seen as a peripheral issue in the eyes of the investing public, a concern for Washington policy makers, and a subject of ridicule by top Wall Street figures. But in 2024, this situation changed as investors holding Bitcoin saw a 126% increase in returns since the beginning of the year, with Bitcoin skyrocketing to over $100000 after Trump's election. According to Coinmarketcap data, the market value of all cryptocurrencies has inflated by nearly $1.7 trillion. Ian Katz, Managing Partner of Capital Alpha, said, "Currently, everything in the cryptocurrency industry is moving in a favorable direction." Cryptocurrency enthusiasts believe that the rally will not end soon, and Bitwise Chief Investment Officer Matt Hougan believes that by this time next year, "we will have the same conversation that Bitcoin has experienced an incredible rally. Bitwise expects Bitcoin to surpass $200000 by the end of 2025. (Golden Ten)

The OKX UXLINK/USDT perpetual funding rate is currently -3.00%, and bears need to pay funding fees to bulls, indicating a high bearish sentiment in the market. AICoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities. Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.