BTC: Summary of discussions in the CoinAnk Chinese discussion group (16:00:10 ~ 17:00:10)

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[Analysis of Key Takeaways] At 16:25, the spot price of BTC was $67,022.44, a decrease of 0.35% in the past hour and 0.34% in the past four hours, indicating short-term price pressure. The funding rate was 0.0035%, and the long/short ratio was 1.8531, indicating that the number of long positions was nearly 1.85 times that of short positions. The 24-hour trading volume was approximately $67.1 billion, and the total open interest was $37.26 billion, a decrease of 0.10% in the past hour and 0.62% in the past 24 hours, indicating a reduction in market liquidity. The market capitalization was $1,339.133 billion, accounting for 58.54% of the entire crypto market, but this percentage decreased by 0.27%. [Source: src: @CoinAnk Chinese Discussion Group, 2026-02-12 16:25:50/#2157997; ref: window] The spot price of BTC fell to $66,930.06 at 16:32, with the price drop widening to 0.46% within one hour and 0.30% within four hours. The funding rate slightly decreased to 0.0034%, and the long/short ratio dropped to 1.8482. The 24-hour trading volume remained at $67.093 billion, and the total open interest was $37.231 billion, decreasing by 0.05% within one hour and 0.52% within 24 hours. The market capitalization decreased to $1,337.465 billion, still accounting for 58.54% of the total market capitalization, but decreasing by 0.27%. Overall, this indicates a slight weakening in both the short-term price and open interest of BTC, with clear signs of capital outflow. [Source: @CoinAnk Chinese Discussion Group, 2026-02-12 16:32:41/#2158027; ref: window] The long/short position ratio remained between 1.84 and 1.85, and the funding rate remained between 0.0034% and 0.0035%, indicating that bullish sentiment still dominates the market. However, both price and open interest have slightly declined, suggesting that funds may be exhibiting some caution. [Source: @CoinAnk Chinese Discussion Group, 2026-02-12 16:25:50/#2157997, 16:32:41/#2158027; ref: window] 24-hour trading volume remained stable at approximately $67.1 billion, and total open interest was approximately $37.2 billion. Open interest has decreased for 24 consecutive hours, indicating a slight decline in market participation and potential short-term fund withdrawal. [Source: src: @CoinAnk Chinese Discussion Group, 2026-02-12 16:25:50/#2157997, 16:32:41/#2158027; ref: window] BTC's market capitalization share is approximately 58.54%, but it has seen a continuous decline of -0.27%, reflecting a slight weakening of BTC's dominant position in the overall crypto market. This may indicate a tendency for funds to shift to other sectors (layer-1, RWA). The circulating supply of BTC remains unchanged at 20 million units, indicating that no significant changes in token release or lock-up have been observed in the short term. [Source] [src: @CoinAnk Chinese Discussion Group, 2026-02-12 16:25:50/#2157997; ref: window] The market narrative revolves around the Layer-1 and RWA sectors, suggesting that BTC may be considered a fundamental asset, and its capital flows and market capitalization share changes may be influenced by the performance of these sectors. [Source] [src: @CoinAnk Chinese Discussion Group, 2026-02-12 16:25:50/#2157997, 16:32:41/#2158027; ref: window] [Key Clues Summary] - BTC's short-term price has slightly retreated around $67,000, with a 1-hour drop of approximately 0.35%-0.46%. - The long/short position ratio remains around 1.85, and the funding rate remains at 0.0034%-0.0035%. - 24-hour trading volume remained stable at approximately 67.1 billion, with total open interest at approximately 37.2 billion, but open interest has been decreasing continuously. - BTC's market capitalization share is approximately 58.54%, but this share has been declining by 0.27% continuously. - Funds may be flowing from BTC to Layer-1 and RWA sectors. - BTC circulating supply is stable, with no significant changes in release or lock-up.

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.
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