BTC: Summary of discussions in the CoinAnk Chinese discussion group (14:00:09 ~ 15:00:09)

[Analysis Material Extraction] The BTC spot price fell by approximately 0.66% to 0.86% within one hour, and the decline widened to approximately 2.62% to 2.95% within four hours, indicating a short-term downward pressure and adjustment trend. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:53/#2146595；ref: window] The BTC contract price is slightly lower than the spot price, and the funding rate remains negative (approximately -0.0081% to -0.0084%), indicating significant pressure from long positions and a slight cost advantage for short positions. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:41:01/#2146986；ref: window] The long/short ratio fluctuated between 1.91 and 1.95, indicating that the number of long positions is still significantly greater than that of short positions, but the ratio has slightly decreased, suggesting a weakening of bullish confidence. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:53/#2146595；ref: window] The total 24-hour trading volume remained between approximately $55 billion and $57 billion, indicating high trading activity and stable market activity. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:41:01/#2146986；ref: window] The total open interest across the network was approximately $37.5 billion. While open interest increased slightly in the past hour (0.13%), the total open interest over the past 24 hours showed a slight decrease (approximately 0.59% to 0.72%), indicating that some funds flowed out or reduced their holdings in the short term. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:53/#2146595；ref: window] BTC's market capitalization is approximately $1.34 trillion, maintaining a stable 58.7% market share, a slight increase of about 0.15%, indicating that BTC's dominant position in the overall crypto market remains solid. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:41:01/#2146986；ref: window] The circulating supply remains at 20 million coins, without significant changes, reflecting a relatively stable supply in the short term. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:53/#2146595; ref: window] The forum tags show that BTC is categorized under Layer-1 and RWA (Real-World Asset Tokenization), suggesting that market attention to the BTC ecosystem involves both the underlying blockchain attributes and the narrative of its connection to real-world assets. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:41:01/#2146986; ref: window] 【Key Clues Summary】 - BTC price is under short-term pressure, with a 1-hour drop of approximately 0.66%-0.86% and a 4-hour drop of approximately 2.62%-2.95%. - Negative funding rates indicate a cost advantage for short sellers, and the long/short ratio has slightly decreased. - 24-hour trading volume remains high, and open interest has increased slightly in the short term but decreased slightly during the day. - BTC's market capitalization remained stable, its market share increased slightly, and its circulating supply showed no significant change. - BTC is categorized by the market into Layer-1 and RWA sectors, involving topics related to the base chain and the tokenization of real-world assets.