What will happen during quarterly delivery (will prices rise or fall during quarterly contract delivery)?
What will happen during quarterly delivery? How to analyze and predict Bitcoin
What will happen during quarterly delivery? How to analyze and predict Bitcoin quarterly contracts? In the past week, Bitcoin has experienced monthly deliveries for three consecutive days, with annualized returns of 6%, 9%, and 8%, respectively.
But this time it is a weekly options, and it has also shown a similar market trend to the April 2020 delivery date (April 6, 2019). Based on past experience, generally, whenever monthly deliveries occur, an important technical indicator failure or price crash may happen. If the price continues to decline before the quarterly delivery date, a new cycle will be generated, and the timing of the pullback will also increase or decrease. (Note: Since March of this year, BTC’s price has fluctuated greatly and has often been mentioned for this reason.)
So, what is a quarterly contract for futures? It is the process of buying and selling in the futures trading market to gain profits. This operation is actually very simple, by distributing all positions and using leverage for long or short positions. Currently, there is no clear profit model in the futures market, so the quarterly delivery situation is relatively complex. Therefore, in order to choose a good underlying asset, some strategies can be considered.
Will prices rise or fall during quarterly contract delivery?
According to the Huobi BTC perpetual contract market, as of 18:00 today (GMT+8), the BTC price is temporarily reported at $8,840 (+0.04%), and the settlement funding rate at 20:00 (GMT+8) is 0.010000%.
Yesterday evening, Bitcoin briefly fell to 8250 USDT and then rebounded. According to Huobi’s delivery contract data, the trading volume of BTC quarterly contracts increased by 16.2% compared to the previous day, while the open interest decreased by 14.4%. As the contract delivery date this Wednesday approaches, it is expected to enter a phase of pullback adjustment.
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