Bitcoin Price Outlook: Uncovered futures contracts surge by 18% within 24 hours
2026-08-30 02:57:17
According to CoinMeta, unliquidated Bitcoin futures contracts have risen by 18.66% in the past 24 hours, indicating traders' attention to the $76,000 range. The Bitcoin price faced resistance around $81,500, and analysts pointed out a key support level, anticipating a possible rebound in the near term. The total value of unliquidated futures contracts amounts to $24.7 billion, of which futures contracts account for about $1.3 billion, with a daily increase of 18.66%. In contrast, perpetual contracts declined by 1.44%. The overall decrease in unliquidated contracts by 0.57% suggests that the increase in futures activity does not reflect changes in the entire derivatives market. Analysts say that if the Bitcoin price can hold the support range of $74,000 to $75,000, it may resume its upward trend. The two key areas of focus in the current market are $76,000 to $75,000 and $72,000 to $71,000.
Bullish 0
Bearish 0
Source:The Coin Republic
This content is for market information only and does not constitute investment advice.