7 月 22 日，据 Coinglass 数据显示，市场参与者持续加大对以太坊走势的押注，全网以太坊期货合约未平仓头寸已连续月余维持涨势，今日再度突破 580 亿美元续创历史新高。6 月 22 日以太坊期货合约未平仓头寸报 295 亿美元，近 30 日增幅超 96%。
此外，全网比特币期货合约未平仓头寸现报 847.7 亿美元，近 30 日增幅超 23.8%。

<div><p>7 月 22 日，据 Coinglass 数据显示，市场参与者持续加大对以太坊走势的押注，全网以太坊期货合约未平仓头寸已连续月余维持涨势，今日再度突破 580 亿美元续创历史新高。6 月 22 日以太坊期货合约未平仓头寸报 295 亿美元，近 30 日增幅超 96%。</p><p>此外，全网比特币期货合约未平仓头寸现报 847.7 亿美元，近 30 日增幅超 23.8%。</p></div>

全网以太坊期货合约未平仓头寸突破580亿美元创历史新高，30日增幅超96%

On July 22, according to <Coinglass> data, market participants continued to increase their bets on Ethereum's trend, with the global Ethereum futures contract open interest maintaining an upward momentum for over a month, breaking through $58 billion today and setting a new historical high. On June 22, Ethereum futures contract open interest was $29.5 billion, with an increase of over 96% in the past 30 days.

Additionally, the global Bitcoin futures contract open interest is currently reported at $84.77 billion, with an increase of over 23.8% in the past 30 days.

<div><p>On July 22, according to Coinglass data, market participants continue to increase their bets on Ethereum's trend, with the global Ethereum futures contract open interest maintaining an upward trend for over a month and reaching a new historical high of over $58 billion today. On June 22, Ethereum futures contract open interest was $29.5 billion, with an increase of over 96% in the past 30 days.</p><p>Additionally, the global Bitcoin futures contract open interest is currently reported at $84.77 billion, with an increase of over 23.8% in the past 30 days.</p></div>

The open interest of Ethereum futures contracts on the entire network exceeded US$58 billion, a record high, with a 30-day increase of more than 96%.

Following the controversy surrounding Fundstrat's Bitcoin views, co-founder Tom Lee responded, stating that the "contradictory predictions" seen by outsiders were actually research conclusions from different positions and timelines, not internal disagreements. Previously, Sean Farrell, head of digital asset strategy at Fundstrat, suggested that Bitcoin might retrace to the $60,000-$65,000 range in the first half of 2026; while Tom Lee believed Bitcoin could reach new highs, even surging to $200,000 as early as the beginning of 2026. A Fundstrat...

Tom Lee responds to Fundstrat's "contradictory" views on Bitcoin: Different positions, different timelines, not internal disagreements.

Source: Galaxy Research
Translation: Jinse Finance
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakout after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged liquidations, and the actions of whale...

Galaxy: 26 Predictions for the Crypto Market in 2026

Next Week's Key Preview

December 22nd

Aster: Phase 5 airdrop will begin on December 22nd and last for 6 weeks;

Espresso will open airdrop registration on December 22nd;

December 23rd

The U.S. Bureau of Economic Analysis will release third-quarter GDP data on December 23rd;

December 24th
U.S. and European stock markets will be closed for Christmas, and whether a "Christmas rally" will materialize remains uncertain;

The U.S. will release initial jobless claims for the week ending December 20th;...