BTC: Summary of discussions in the CoinAnk Chinese discussion group (21:00:10 ~ 22:00:10)

This article is machine translated
Show original

[Analysis and Material Extraction] The current price of BTC is approximately $71,294.20, indicating that the market is in a high-level consolidation phase. Short-term (5-minute to 1-hour) contract and spot trading volumes continue to increase, reflecting active trading behavior and capital flows. [src: @BTC Main Force Data Statistics/CoinAnk Chinese Discussion Group, 2026-02-08 21:21:48/#2125819; ref: window] The BTC contract market shows a significant inflow of long funds over periods of 6 hours and above. The 6-hour contract data reached 664.72M, the 12-hour 651.35M, and the 1-day 726.69M, suggesting that major players are actively increasing their short- to medium-term positions, potentially indicating a bet on continued price increases. [src: @BTC Main Data Statistics/CoinAnk Chinese Discussion Group, 2026-02-08 21:21:48/#2125819; ref: window] BTC spot market funds increased significantly over the 8-hour to 12-hour period, with 172.97M in 8 hours and 163.42M in 12 hours, indicating active spot buying and strengthening demand for BTC from market participants. [src: @BTC Main Data Statistics/CoinAnk Chinese Discussion Group, 2026-02-08 21:21:48/#2125819; ref: window] Medium-to-long-term (3 days and above) contract data shows a net outflow, with 3-day contracts showing -847.14M, and even larger net outflows for 7-day and 15-day contracts, at -4.49B and -11.39B respectively, suggesting that some short-term profit-taking or institutional investors are starting to reduce their positions, indicating a divergence of sentiment in the market. [src: @BTCMain Force Data Statistics/CoinAnk Chinese Discussion Group, 2026-02-08 21:21:48/#2125819; ref: window] The spot market maintained positive capital inflows over a period of 3 days and above, with a 3-day spot volume of 150.52M. While the 7-day and 15-day volumes showed a decline, they remained relatively small negative values, indicating that long-term holders or institutions still maintained a certain willingness to buy, suggesting a capital accumulation effect. [src: @BTCMain Force Data Statistics/CoinAnk Chinese Discussion Group, 2026-02-08 21:21:48/#2125819; ref: window] The BTC futures market showed a significant net outflow over a 30-day period, with contract data at -13.59B and spot data at -2.31B, reflecting long-term funds adjusting their positions, possibly related to the market's cautious attitude towards future trends. [src: @BTCMain Force Data Statistics/CoinAnk Chinese Discussion Group, 2026-02-08 21:21:48/#2125819; ref: window] Short-term contract data differs significantly from spot data, with contract trading volume far exceeding spot volume. This indicates active short-term trading, a strong speculative atmosphere, frequent capital inflows and outflows, and intense short-term capital competition. [src: @BTCMain Force Data Statistics/CoinAnk Chinese Discussion Group, 2026-02-08 21:21:48/#2125819; ref: window] Overall capital flows show a coexistence of active short-term bullish sentiment and cautious long-term capital withdrawal, indicating complex market sentiment and a game between short-term speculation and long-term holdings. [src: @BTC Main Force Data Statistics/CoinAnk Chinese Discussion Group, 2026-02-08 21:21:48/#2125819; ref: window] 【Key Clues Summary (Optional)】 - BTC price remains volatile at high levels, with active short-term trading and significant fluctuations in both contract and spot funds. - Significant inflows into short-to-medium term contracts indicate increased bullish bets from major players. - substantial outflows from long-term contracts reflect some institutions or large investors reducing their positions. - Long-term funds in the spot market still show some buying interest, indicating fund accumulation. - Intense short-term trading and complex market sentiment create a conflict between short-term bulls and long-term cautious holders.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments