QCP Capital pointed out that Bitcoin broke through the $122000 mark, and market sentiment quickly shifted from "fear" to "greed", with the Fear and Greed Index rising from 40 to 70 within three weeks. Institutional funds continue to pour in, with spot BTC ETFs recording a net inflow of over $2 billion last week; In the derivatives market, the funding rate for BTC perpetual contracts is approaching 30%, and the total amount of open contracts has exceeded 43 billion US dollars. Despite the strong rise in spot prices, the implied volatility of options has not surged significantly, and traders often express their bullish views through perpetual contracts. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45543