@@%BRANCH%@@
IOS & Android
扫码下载,手机畅享 Bitop 交易新体验

更多下载方式

注册
市场
交易
现货
差价合约
竞猜
跟单交易
$
一键买币
C2C
支持
公告
帮助中心
法律中心
其他
推荐
闪兑
奖励中心
竞猜奖池
最新
下载
语言
简体中文
English
继续使用旧版本
最新资讯

[Bitop Review] Bitcoin Surges Past $70K, Ethereum Nears $2600, But Record-High BTC Open Interest Hints at Potential Reversal?

2024年10月29日发布

1730173487218087544.png

Bitcoin (BTC) reached a three-month high of $70,332 early this morning, currently trading at $69,910, representing a 3.25% increase in the past 24 hours. This surge has broken above the downward trendline established in March, rekindling investor enthusiasm and fueling hopes of a potential challenge to the all-time high of $73,679 set in March.


1730173540740052726.jpg


According to Coinglass data, the total open interest of Bitcoin futures contracts across all exchanges has reached a new historical high of 586,000 BTC (approximately $40.9 billion). Elevated open interest levels often serve as a topping signal for prices, prompting investors to exercise caution against potential amplified volatility.


1730173573623066606.jpg


Global Liquidations Exceed $170 Million in 24 Hours


Coinglass data reveals that the cryptocurrency market experienced approximately $173 million in liquidations over the past 24 hours, with over 67,000 traders facing margin calls. However, given the relatively lower liquidation volume during the weekend, the expectation is for volatility to potentially escalate further.


Key Economic Events This Week


10/29


  • US: Conference Board Consumer Confidence for October (Previous: 98.7)

  • US: JOLTS Job Openings for September (Previous: 8.040M)


10/30


  • Germany: Q3 GDP (QoQ) (Previous: -0.1%)

  • Switzerland: Central Bank Press Conference

  • UK: Autumn Budget

  • US: Non-Farm Payrolls for October (Previous: 143K)

  • US: Q3 GDP (QoQ) (Previous: 3.0%)

  • Germany: CPI (MoM) for October (Previous: 0.0%)

  • US: Crude Oil Inventories (Previous: 5.474M)


10/31


  • China: Manufacturing PMI for October (Previous: 49.8)

  • Japan: Interest Rate Decision (0.25%)

  • Hong Kong: Q3 GDP (QoQ) (Previous: 0.4%)

  • Hong Kong: Q3 GDP (YoY) (Previous: 3.3%)

  • Eurozone: CPI (YoY) for October (Previous: 1.7%)

  • US: Core PCE Price Index (YoY) for September (Previous: 2.7%)

  • US: Core PCE Price Index (MoM) for September (Previous: 0.1%)

  • US: Initial Jobless Claims


11/1


  • US: Average Hourly Earnings (MoM) for October (Previous: 0.4%)

  • US: Non-Farm Payrolls for October (Previous: 254K)

  • US: Unemployment Rate for October (Previous: 4.1%)

  • US: ISM Manufacturing PMI for October (Previous: 47.2)

  • US: Manufacturing PMI for October (Previous: 47.8)

 

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.