Matrixport: Retail investor leverage skyrockets ahead of the FOMC, key favourable information may emerge by the end of summer.

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BlockBeats news, on July 23, Matrixport released today's market analysis stating that "In the past two weeks, Bitcoin's open interest has surged by $6 billion, and the annualized funding rate has skyrocketed to 19%, indicating a large number of aggressive leveraged long positions in the market. Meanwhile, the trading activity of retail investors in South Korea has significantly increased, with crypto market volume jumping from $1 billion to $6 billion, reflecting the dominant role of retail money in this round of market movement. However, as prices enter a sideways phase, these high-leverage long positions may face the risk of passive Close Position, especially after next week's FOMC meeting, as the market will enter a relatively quiet trading period in August. Although there may be short-term fluctuation pressure, several key favourable information are building momentum for after the summer, and the overall rise trend of the crypto market is not over yet."

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