BTC: Summary of discussions in the CoinAnk Chinese discussion group (00:00:10 ~ 01:00:10)

[Analysis of Key Points] The spot price of BTC is $69,235.31, and the contract price is $69,212.9. The price has slightly decreased by 0.18% in the past hour and slightly increased by 0.20% in the past four hours, indicating relatively small short-term price fluctuations. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 00:45:54/#2124048；ref: window] The BTC network funding rate is negative -0.0024%, indicating that long positions are paying funding fees to short positions. This suggests that the cost of holding long positions is relatively high in the short term, which may affect market sentiment. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 00:45:54/#2124048；ref: window] The long/short position ratio is 1.6918, indicating that there are significantly more long positions than short positions, suggesting a bullish market sentiment. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 00:45:54/#2124048; ref: window] The total 24-hour trading volume across the network reached 103.325 billion yuan, indicating active trading in the BTC market, large capital flows, and high market participation in the short term. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 00:45:54/#2124048; ref: window] The total open interest of BTC across the network was 38.018 billion yuan, decreasing by 0.62% in one hour and 4.61% in 24 hours, indicating that some positions are being reduced, and market sentiment may be increasingly cautious. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 00:45:54/#2124048; ref: window] BTC's market capitalization is $1,383.556 billion, accounting for 58.69% of the overall crypto market capitalization. This high percentage, along with a 1.66% increase from the previous period, indicates that BTC's dominant position in the market remains solid. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 00:45:54/#2124048; ref: window] BTC's circulating supply is 20 million, covering both Layer-1 and RWA markets. This may be related to increased market attention on base layer protocols and real-world asset-related products. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 00:45:54/#2124048; ref: window]