Bitcoin's long positions remain stable, while short positions continue to decrease

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Since August 23rd, BTC's long positions have remained stable, and the market has shown a neutral oscillation trend after the price rises. Since August 17th, BTC short positions have continued to decline. To initiate a comprehensive upward trend in Bitcoin, three conditions must be met: Hyperliquid Whale turning bullish, Bitfinex Whale completing BTC long position building, and the disappearance of negative values for Korean kimchi premium and Coinbase premium. At present, Bitfinex Whale's BTC long position building has been completed, and the negative kimchi premium and negative Coinbase premium have disappeared. The market is concerned about whether Hyperliquid whales can turn to bullish.

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