Gate Research: Between May 13 and May 26, 2025, BTC broke above 110,000 USDT to reach a new all-time high and maintained an upward trend, while ETH entered a consolidation phase. Open interest in both BTC and ETH increased, indicating continued capital inflows; however, the LSR did not strengthen, suggesting market sentiment remained cautious. ETH funding rates showed greater volatility than BTC, with signs of localized short-side pressure in the near term. Overall liquidations in the derivatives market were dominated by long positions, reflecting strong buying interest during the high-level consolidation. The quantitative analysis applied a "Bollinger Band Reversal Strategy", which delivered an annualized return exceeding 66% on ETH under the optimal parameter set.
5/30/2025, 3:29:54 AM