K33 Research: Bitcoin Surpasses $100,000 but Trading Volume Remains Sluggish, Institutional Long Position Demand Rises
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K33 Research stated that although the price of Bitcoin has surpassed $100,000, its volatility and trading volume remain low. Meanwhile, the yield on the Chicago Mercantile Exchange (CME) continues to rise, and the open interest (OI) has increased significantly, indicating a growing demand for long positions in the institutional market.
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