BTC Leverage recovers after 86000 USD breaks above it, but market speculative sentiment remains moderate
BIBIBI
AT A GLANCE
Glassnode said that BTC after 86,000 USD breaks above it, bullish leverage recovers, but speculative sentiment remains relatively moderate.
Article
Opinion:BTC Bullish leverage remains well below overheated levels seen at market tops, while speculative sentiment is moderate
BlockBeats report,September 21, Glassnode stated in a post that, as BTC breaks above 86,000 USD, bullish leverage in the options market is gradually recovering. The put/call open interest ratio is rising, but remains well below the overheated levels seen near the BTC peak. Speculative sentiment in the perpetual futures market also remains relatively moderate, with funding rates still below neutral levels.
Original link https://m.theblockbeats.info/flash/368290
Key points
01
September 21, Glassnode stated in a post that BTC breaks above 86,000 USD。
02
Glassnode stated that bullish leverage in the options market is gradually recovering.
03
The put/call open interest ratio is rising, but remains well below BTC the overheated levels seen near the peak.
04
Speculative sentiment in the perpetual futures market is relatively moderate, with funding rates still below neutral levels.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This view holds that bets on BTC rising have increased, but leverage and funding rates have not yet reached the overheated state described in the article.
Why it matters to readers
Leverage, options ratios, and funding rates can be used to gauge traders' risk appetite; the data cited point to improving sentiment that has not yet become clearly overheated.
Beginners may view this as an interpretation of market sentiment indicators and should not take “not yet overheated” to mean that the price will necessarily continue to rise.
Risks and unknowns
The original text does not provide specific values for the relevant indicators, the statistical period, or a definition of the “neutral level.”
“Overheated levels at market tops” and “moderate speculative sentiment” are Glassnode's assessments and cannot be verified from the supplied text alone.
The text only states September 21 and does not specify the year.
Related Developments
Loading event timeline…
Related concepts
Bullish leverage
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
