Analysis: Bitcoin rebound suppressed by bearish resistance, market may face greater volatility

According to Matrixport analysis, the price of Bitcoin has risen by nearly 25%, and the size of open contracts has increased from $22 billion to $29 billion. However, the funding rate is still close to zero, indicating that some futures traders choose to establish short positions rather than chase after the rise. This rare market structure may indicate greater volatility: if prices continue to rise, bears may be forced to close positions to drive the upward trend; If the price rebounds, it may strengthen the bearish layout. The overall market structure points towards increased volatility in the future.