News list for " Lele Chow"

Victory Securities: Many analysts estimate that Bitcoin will break $100,000 before the end of the year, and the virtual asset market will usher in a new boom

Zhou Lele, deputy chief operating officer of Victory Securities, said that Trump's victory and the Federal Reserve's interest rate cut have injected new vitality into the cryptocurrency market and triggered a market boom. The consensus is to be optimistic about the virtual asset market after Trump takes office. Some institutions expect bitcoin prices to continue to rise, and many analysts estimate that bitcoin can break through $100,000 before the end of the year, ushering in a new boom in the v...

clock
2024-11-14 15:33:18
Victory Securities: Funding Rates Show Contract Market Bears Are Better

Zhou Lele, deputy chief operating officer of Shengli Securities, said that Funding rates (reflecting the interest rates paid by bulls to bears) are negative, indicating that the shorts in the contract market are more successful; while the spot depth is thin, showing obvious downward resistance. The divergence between futures and spot may indicate that short-term bear sentiment dominates the market, but there is a market backing force at a certain price point. According to on-chain data, virtual ...

clock
2024-09-03 19:38:43
Victory Securities: Funding Rates suggest that the contract market is even more bearish, and the virtual asset market is in need of a key turning point

Zhou Lele, deputy chief operating officer of Shengli Securities, said that Funding rates (reflecting the interest rates paid by bulls to bears) were negative, indicating that the shorts in the contract market were more successful; while the thin spot depth showed obvious downward resistance. The divergence between futures and spot may indicate that short-term bear sentiment dominates the market, but at a certain price point...

clock
2024-09-03 14:48:41