BTC: Summary of discussions in the CoinAnk Chinese discussion group (18:00:10 ~ 19:00:10)

[Extracting viewpoint materials] The spot price of BTC is $69,941.18, and the contract price is $69,900.8. The price has fallen 0.72% in the past hour and risen slightly by 0.81% in the past four hours, indicating relatively limited short-term price fluctuations. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 18:24:28/#2125470; ref: window] The BTC funding rate is -0.0047%, indicating that longs are currently paying funding fees to shorts, and short sentiment is slightly dominant in the market. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 18:24:28/#2125470; ref: window] The long/short ratio is 1.7042, indicating that the number of longs still significantly exceeds the number of shorts, but it is slightly lower than 1.7108 an hour ago, suggesting a slight weakening of bullish confidence. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 18:24:28/#2125470; ref: window] The total trading volume across the network in the past 24 hours was 54.063 billion, and the total open interest was 38.284 billion. Open interest decreased by 0.74% within one hour and increased by 1.37% within 24 hours, indicating that while there was some outflow of funds in the short term, overall open interest continued to increase. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 18:24:28/#2125470; ref: window] BTC's market capitalization is $1,396.966 billion, accounting for 58.35% of the total crypto market capitalization. This percentage has decreased by 0.58% compared to one hour ago, reflecting a slight decline in BTC's relative market share. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 18:24:28/#2125470; ref: window] The circulating supply remains at 20 million, indicating a stable market supply with no significant fluctuations. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 18:24:28/#2125470; ref: window] The sector is categorized as Layer-1 and RWA, with BTC still considered a base-layer asset. The discussion surrounding its connection to real-world assets may influence market speculation. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 18:24:28/#2125470; ref: window] [Contextual Enhancement] One hour ago, the spot price of BTC was $70,488.51, and the contract price was $70,452.8. The price rose 0.42% in the past hour and 1.79% in the last four hours, indicating a clear short-term upward trend. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 17:28:54/#2125226; ref: ctx] Previously, the funding rate was also -0.0047%, the long/short position ratio was 1.7108, the total open interest was 38.576 billion, the 1-hour open interest increased by 0.38%, the 24-hour open interest increased by 1.32%, the trading volume was 54.292 billion, the market capitalization was 1,407.211 billion USD, and the market capitalization share was 58.35%, which is basically consistent with the trend of the main window data, verifying the consistency between capital flow and market dynamics. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 17:28:54/#2125226; ref: ctx] [Summary of Key Clues] - BTC price fluctuations are limited in the short term, with a slight pullback after the previous rise. - Funding rates remain negative, resulting in lower funding costs for short sellers. - The ratio of long to short positions remained high but declined slightly, with longs dominating but confidence weakening. - Open interest fluctuated in the short term but showed an overall upward trend. - BTC's market capitalization share has declined slightly, and its relative market share has decreased. - BTC is categorized under Layer-1 and RWA, which are related to real-world asset topics.