Official data from MXC's leveraged ETF shows that as of 10:00 on July 13, the BTC long-to-short holding ratio was 2.7:1; BCH 0.3:1; BSV 15.4:1; DASH 1.9:1; ZEC 8.5:1; LTC 15.6:1; ETH 18.6:1; EOS 16.5:1; OKB 24.3:1; HT 159.6:1; BNB 92:1; ATOM 0.6:1; LINK 0.2:1; ALGO 0.1:1; XTZ 34.7:1; VET 0.003:1; DOGE 0.4:1.
BTC has been moving sideways across its moving averages for several days. The EMA is flattening, and in the short term, the EMA56 provides effective support. BTC tested this EMA56 level both yesterday and on July 10. In the medium term, the Fibonacci level near $8,909.21 continues to provide solid support. Capital inflows are observed in LINK, BNB, and XTZ, with total long and short positions increasing by 262%, 44%, and 29% respectively compared to yesterday.
Yesterday, MXC launched leveraged ETF trading pairs BAL3L, BAL3S, IOTA3L, and IOTA3S. Funding rates have been further reduced for ADA, BCH, COMP, and EOS.
MXC’s Leveraged ETF is a perpetual leveraged product that tracks spot prices and amplifies daily price movements by 3x. Purchasing "3L" means 3x long (bullish), while purchasing "3S" means 3x short (bearish). The product uses a dynamic rebalancing risk control system with no liquidation mechanism and can be traded in the "ETF Zone" on both web and mobile platforms. So far, it has listed 31 assets including halving-related coins such as BTC, BCH, BSV, DASH, ZEC, as well as COMP, BAL, IOTA, and others.
The above content is for informational purposes only and does not constitute investment advice. Please be aware of investment risks.
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