Quant Trading

Gate Research: From April 25 to May 12, BTC and ETH both recorded significant gains, with BTC rising approximately 34% and ETH surging over 60%. ETH’s long-short ratio exhibited high volatility, indicating intense short-term trading activity and ongoing market contention, with short positions not clearly exiting. BTC’s open interest increased at a relatively slower pace, while ETH saw a stronger rise in early May.

This report aims to provide a comprehensive analysis of the core strengths and challenges in the development of the Sonic ecosystem, benchmarking them against the peak of the Fantom ecosystem. By examining key indicators across multiple dimensions—including competitive landscape, technological advancement, user growth, and ecosystem development—it explores whether Sonic has the potential to replicate Fantom's past success and evaluates its strategic roadmap and risk mitigation approach in the current complex market environment.

This report presents a systematic study of gold, the Nasdaq Index (including both Composite and Nasdaq-100), and Bitcoin (BTC), aiming to uncover their return characteristics, volatility clustering, correlation evolution, and the applicability of trading strategies under various macroeconomic contexts.

Gate Research Report: From April 10 to April 24, both Bitcoin and Ethereum broke through key resistance levels, triggering sharp shifts in volatility and market sentiment. BTC surged past $90,000, while ETH stabilized above $1,600 amid frequent long-short battles. This report provides an in-depth analysis of their market performance using multi-dimensional metrics such as open interest, long-short ratios, and funding rates. It also highlights how the True Strength Index (TSI) effectively captures trend reversals and momentum shifts. Through comprehensive backtesting, the study identifies optimal parameter combinations that enhance trading consistency and improve win rates.

Gate Research Report: From March 27 to April 10, ETH showed greater price volatility than BTC. BTC's long/short ratio rebounded early but remained below monthly highs, indicating limited confidence recovery. Average daily liquidations surged to $380 million — up 90% from the previous period. Over 5 million BTC are currently held at a loss, nearing historical bottom levels. Some tokens saw trading volume spike during panic selling and formed classic 'volume-led recovery' patterns.

Gate Research Report: Between March 12 and March 26, 2025, the Bitcoin market showed increased sensitivity, while Ethereum remained weak with limited upward momentum. The BTC long/short ratio ranged from 0.95 to 1.10, signaling strong bullish sentiment during the rebound. Derivatives market liquidations averaged $200 million per day, down 74% from earlier levels. Bitcoin's realized market cap grew by just 0.67%, indicating a near standstill in new capital inflows. In the quantitative analysis, the TD Sequential indicator was used to identify market reversal points, with the best-performing setup delivering a maximum return of 178%.

Gate Research Quantitative Report: Between February 18 and March 3, 2025, the market exhibited key characteristics such as BTC's heightened sensitivity, ETH's lack of momentum, and intensified deleveraging. The BTC long/short trading volume ratio fluctuated between 0.90 and 1.10, while ETH remained in the 0.85–1.05 range, indicating weak rebound strength. BTC funding rate volatility increased, accompanied by a decline in open interest and a rise in long liquidations, suggesting that the market may be undergoing deleveraging or short-term liquidity tightening, with investor sentiment leaning towards caution. Additionally, daily issuance of Solana-based meme coins dropped to 40,000, marking a 65% decline from its January peak, reflecting diminishing interest in short-term speculative assets. Backtesting of a mean-reversion strategy using the standardized MACD indicator showed that the strategy effectively identified pullback opportunities following excessive price surges, providing short

This report provides an in-depth analysis of market trends from February 3 to February 17, covering Bitcoin and Ethereum market volatility, funding rates, long/short trading volume ratios, open interest, contract liquidations, and the correlation between BTC and traditional financial markets (S&P 500 ETF). Additionally, the quantitative backtesting section focuses on the market performance of newly listed contract trading pairs, offering investors more comprehensive market insights.

This report conducts a detailed backtest comparing the investment performance of Dollar-Cost Averaging (DCA) versus Buy-and-Hold strategies for BTC, ETH, SOL, GT, and their combinations in Gate.io investment products from September 1, 2021, to December 30, 2024. The report uses an example-based approach to demonstrate the calculation steps and core formulas for each strategy, accompanied by data tables for key periods.