BTC quebra os 70.000, o Ethereum atinge os 2600 dólares, mas o volume não realizado do BTC atinge um novo recorde, sugerindo uma possível reversão?

BTC at its highest point in the early morning reached $70,332, the highest in three months, while Ethereum approached $2,600. However, the total net BTC futures contract volume is about $40.9 billion, hitting a new historical high. Readers are reminded to be cautious. (Background: Review of history: Is BTC repeating previous bull run cycles?) (Background: BTC whale positions hit a new high! Standard Chartered: BTC will surge to $73,000 on the US election day) BTC reached its peak at around 6 o’clock this morning, hitting $70,332, the highest in three months. At the time of submission, it slightly fell to $69,890, rising by 3.15% in the past 24 hours. It also broke the downtrend line since March this year, igniting investors’ enthusiasm once again, hoping that BTC can challenge the historical high of $73,679 set in March. However, it is worth noting that according to Coinglass data, the total net BTC futures contract volume is 586,000 BTC (about $40.9 billion), hitting a new historical high. When the open interest is high, it often signals a peak for the currency price, so investors should be careful of potential fluctuations. A total of $170 million was liquidated across the network. Coinglass data shows that in the past 24 hours, the total liquidation amount in the cryptocurrency network was about $172 million, with over 67,000 people being liquidated. However, overall, the liquidation volume during the weekend is not too large, so it is expected that the volatility may further increase. As for Ethereum, it also approached $2,600 along with BTC. However, in the long run, it has only reached a near one-week high and is relatively weaker compared to BTC. Top ten tokens are rebounding. CoinMarketCap data shows that most of the top ten tokens have risen in the past 24 hours, with DOGE being the strongest, rising by 17.12%. Other tokens, except for TRX, mostly increased by 1-2%. This week’s market focus (10/29, Tue) US: October Consumer Confidence Index, previous value 98.7 US: September JOLTS Job Openings, previous value 8.040M (10/30, Wed) Germany: Q3 Gross Domestic Product GDP (QoQ), previous value -0.1% Switzerland: Central Bank Press Conference UK: Autumn Budget US: October Non-Farm Payrolls Change, previous value 143K US: Q3 Gross Domestic Product GDP (QoQ), previous value 3.0% Germany: October Consumer Price Index CPI (MoM), previous value 0.0% US: Crude Oil Inventories, previous value 5.474M (10/31, Thu) China: October Manufacturing PMI, previous value 49.8 Japan: Interest Rate Decision, previous value 0.25% Hong Kong: Q3 Gross Domestic Product GDP (QoQ), previous value 0.4% Hong Kong: Q3 Gross Domestic Product GDP (YoY), previous value 3.3% Eurozone: October Consumer Price Index CPI (YoY), previous value 1.7% US: September Core PCE Price Index (YoY), previous value 2.7% US: September Core PCE Price Index (MoM), previous value 0.1% US: Initial Jobless Claims (11/1, Fri) US: October Average Hourly Earnings (MoM), previous value 0.4% US: October Non-Farm Employment, previous value 254K US: October Unemployment Rate, previous value 4.1% US: October ISM Manufacturing PMI, previous value 47.2 US: October Manufacturing PMI, previous value 47.8 Related reports Standard Chartered Bank: BTC could reach $125,000 by the end of the year Microsoft shareholders will vote on the ‘BTC investment proposal’: recommending a 1% investment of total assets in BTC Why is the approval of BTC ETF options a significant market victory? ‘BTC breaking 70,000, Ethereum reaching $2600, but the new high in BTC futures contract volume indicates a reversal is imminent?’ This article was first published on BlockTempo, the most influential blockchain news media on BlockTempo.