ChainCatcher message, Matrixport stated that market sentiment has shifted to a bullish outlook, and the funding rate for Bitcoin has been positive over the past few weeks.In the past 24 hours, the BTC futures open interest has also increased. This indicates that futures traders expect Bitcoin to continue rising.

ChainCatcher news, according to Coinglass data, the total open interest for BTC futures contracts across the network is 423,670 BTC (approximately 17.67 billion USD).Among them, the open interest for CME BTC contracts is 114,500 BTC (approximately 4.767 billion USD), ranking first; the open interest for Binance BTC contracts is 99,300 BTC (approximately 4.143 billion USD), ranking second.

ChainCatcher news, the three-month BTC futures price listed on the Chicago Mercantile Exchange (CME) has shown a positive premium above the spot price for the first time since the collapse of FTX. This indicates that the market panic triggered by the FTX exchange's bankruptcy is also easing, and the bearish sentiment in the market seems to be shifting. (Source link)