On July 4th, according to Coinglass data, the bitcoin contract unpositioned squaring position fell by about 18% from $37 billion to $30.20 billion in a month, during which the BTC cash market price fell by 14%. However, for the past four weeks, the bitcoin unpositioned squaring position has been stable above the 500,000 BTC mark. At the same time, the perpetual contract funding rate charged by the exchange every 8 hours has been positive, indicating that the market is inclined towards bullish be...