**Net Inflows into Contract Positions and Spot:**
The
net inflows show significant outflows in the short term, with
substantial negative values over the past 1 to 3 days. This indicates a
bearish market sentiment as investors are pulling out of their
positions. However, the 4-hour and 8-hour intervals show positive
inflows, suggesting some buying pressure. The long-term trend (2M, 3M,
6M, 12M) also shows negative inflows, reinforcing the bearish sentiment.
**Spot Transaction Distribution:**
The
distribution of spot transactions indicates a concentration of trades
in the $84.741 to $110.098 price range, which is below the current spot
price of $104.93. This suggests that a significant amount of buying
occurred at lower prices, which could provide support if the price dips.
**Analyzing Changes in Long-Short Ratio and Contract Trading Volume:**
The
long-short ratio has increased slightly from 1.5693 to 1.6278,
indicating a small shift towards a more balanced market. The contract
trading volume is high at 85.24%, which suggests active trading and
potential volatility.
**Open Interest:**
The open interest has
seen a significant increase in the last 24 hours (5.11%), with a
substantial rise over the last 7 days (3.65%). This increase in open
interest could imply growing interest in the contract market and
potential for increased liquidity.
**Prediction:**
Considering
the net inflows, which show a bearish sentiment in the short to
mid-term, and the spot transaction distribution that suggests support at
lower prices, we might expect some price consolidation or a slight
downward trend in the short term. The increase in open interest and
active contract trading could lead to increased volatility. In the mid
to long term, if the support levels hold and buying pressure continues,
we could see a recovery. However, the overall trend based on net inflows
leans towards a bearish outlook.
