Matrixport: Key indicators such as the skewness of Bitcoin, open contracts, and volatility are undergoing structural changes.

According to Jincai Finance, Matrixport's daily chart analysis indicates that the financing costs, leverage, and Trading Volume of Bitcoin, Ethereum, and SOL release signals that are inconsistent with the price movement. On one hand, it shows that the market structure remains fragile; on the other hand, it also hints at potential trading opportunities. Currently, multiple on-chain key levels and derivation indicators are converging into historically volatile threshold areas, suggesting that the market may be nearing the trigger point for a new trend. Meanwhile, the narrative of “digital asset treasury” that once dominated crypto asset allocation is gradually retreating, and the leaders of market capital flows are also undergoing a transformation. The skewness, open interest, and volatility of Bitcoin's core indicators are undergoing structural changes, suggesting that the future market rhythm may differ from the past. In terms of price, Bitcoin is approaching the convergence point of a symmetrical triangle. Historically, similar patterns often trigger rapid breakthroughs. As the price nears the key technical level of $110,000 and the on-chain overlapping area, the options market has shown early positioning. Additionally, past volatility typically heats up around mid-October, but under the current high leverage context, this year's fluctuations may erupt early, and structural risks are gradually rising.