BlockBeats news, on December 22, CryptoQuant analyst Axel stated that Bitcoin is entering the Christmas market window, and the market rating indicators show bullish sentiment but are not yet overheated. The liquidation of short positions has further intensified the asymmetrical market situation favoring buyers. The structure of the derivatives market indicates that the current Bitcoin futures market is dominated by short position closures, which will create mechanical buying pressure, driving prices up, and the market is entering a “bull run neutrality” state, with positive expected returns.
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CryptoQuant: The closure of short positions in futures has led to a buyer's advantage, and Bitcoin has entered the Christmas market window.
BlockBeats news, on December 22, CryptoQuant analyst Axel stated that Bitcoin is entering the Christmas market window, and the market rating indicators show bullish sentiment but are not yet overheated. The liquidation of short positions has further intensified the asymmetrical market situation favoring buyers. The structure of the derivatives market indicates that the current Bitcoin futures market is dominated by short position closures, which will create mechanical buying pressure, driving prices up, and the market is entering a “bull run neutrality” state, with positive expected returns.