BTC: Summary of discussions in the CoinAnk Chinese discussion group (10:00:06 ~ 11:00:06)

[Analysis and Material Extraction] The spot price of BTC fluctuated between approximately $87,200 and $87,400. The price dipped slightly by about 0.39%-0.40% in the first hour and between -0.40% and 0.17% in the fourth hour, indicating relatively stable short-term prices but slight downward pressure. [src: @group member/CoinAnk Chinese discussion group, 2025-12-24 10:36:46/#1557934; ref: window] The total trading volume of BTC across the network remained between approximately $53.586 billion and $53.589 billion in the past 24 hours, with total open interest between approximately $42.593 billion and $42.626 billion. Open interest showed a slight decrease in both the first and second hourly charts, approximately -0.25% to -0.27% and -1.30% to -1.43% respectively, reflecting signs of capital outflow. [src: @group member/CoinAnk Chinese discussion group, 2025-12-24 10:41:50/#1557988; ref: window] The long/short position ratio remained stable at approximately 2.26, indicating that the number of long positions was about 2.26 times that of short positions, suggesting that the market is dominated by longs. However, the position ratio did not change significantly, implying that the market participant structure is currently stable. [src: @group member/CoinAnk Chinese discussion group, 2025-12-24 10:36:46/#1557934; ref: window] The funding rate remained at 0.0100%, indicating that the funding rate paid by longs to shorts was relatively low, the level of market leverage was moderate, and there was no obvious overheating or extreme sentiment. [src: @group member/CoinAnk Chinese discussion group, 2025-12-24 10:41:50/#1557988; ref: window] BTC's market capitalization is approximately $1.741 trillion to $1.7444 trillion, accounting for about 59.04% of the overall crypto market capitalization. This represents a slight increase of 0.05%, indicating a slight strengthening of BTC's dominant position in the overall market. [src: @group member/CoinAnk Chinese discussion group, 2025-12-24 10:36:46/#1557934; ref: window] The circulating supply remains stable at 20 million BTC, indicating no significant changes in market supply and a stable number of circulating coins. [src: @group member/CoinAnk Chinese discussion group, 2025-12-24 10:41:50/#1557988; ref: window] Some community members expressed pessimism about the BTC trend, with comments like "BTC will go to 0," reflecting extreme bearish sentiment or emotional fluctuations. [src: @group member/CoinAnk Chinese discussion group, 2025-12-24 10:37:13/#1557938; ref: window] The discussion mentioned Layer-1 and RWA as BTC-related sectors, suggesting that market attention is focused on underlying public chains and real-world asset-related projects, potentially indicating related fund allocation directions. [src: @group member/CoinAnk Chinese discussion group, 2025-12-24 10:36:46/#1557934; ref: window] 【Key Clues Summary】 1. BTC price saw a slight short-term decline with limited volatility, indicating strong short-term market stability. 2. BTC total open interest and trading volume decreased slightly, showing clear signs of capital outflow. 3. The number of long positions significantly exceeded short positions, indicating bullish dominance without a significant surge. 4. Funding rates remained low, with moderate leverage usage. 5. BTC's market capitalization share increased slightly, maintaining its market dominance. 6. Significant pessimism and extreme bearish sentiment exist within the community. 7. Focus is concentrated on Layer-1 and RWA sectors, suggesting that funds may be targeting underlying blockchains and real-world assets.