Gate Research: Between June 10 and June 23, 2025, BTC fluctuated steadily within the 100,000 to 110,000 USDT range, with the long-short ratio hovering between 0.9 and 1.1, indicating an unclear overall trend. In contrast, ETH experienced a deeper pullback, showing weaker momentum and subdued market sentiment. BTC futures open interest dropped to a one-month low, suggesting that long-positioned leverage traders actively reduced exposure due to a lack of fresh capital inflows. ETH open interest also declined, with trading activity weakening and short-term market enthusiasm fading significantly. While geopolitical tensions have heightened risk-off sentiment, the market structure has yet to improve. Long liquidations have consistently exceeded short ones, implying that despite strong buying impulses, there is insufficient trend support. A quantitative analysis focusing on the “RSI Trend Reversal Strategy” demonstrated promising short-term trading potential, achieving over 210% cumulative returns on SUI through an
6/27/2025, 2:49:00 AM