Encryption assets fluctuate at a high level, quantitative strategies assist in steady rise

Recently, the cryptocurrency asset market has shown a structurally bullish situation. Mainstream currencies are oscillating and consolidating within a high range, and both technical and fundamental aspects remain healthy. However, from the perspective of long-short ratios and funding rates, market sentiment is becoming cautious in the short term, with the pace of capital entry slowing down, and leverage momentum has not yet been fully released.

Bitcoin has entered a high-level consolidation after reaching a new high, with the price repeatedly testing around 119,000 USDT. Ethereum, on the other hand, shows a relatively strong gradual upward trend, gradually approaching the 4,000 USDT mark. In terms of volatility, Bitcoin remains relatively stable, while Ethereum has experienced multiple significant increases, reflecting the rising market divergence.

The long and short trading scale ratio ( LSR ) has both retreated to a neutral and conservative range, indicating a weakened willingness to chase prices. The contract holding amount remains high, with Ethereum's rise being more significant. The funding rate fluctuates slightly around the zero axis, and leveraged funds have not yet entered on a large scale. The overall liquidation structure is rational, with long liquidations reaching 630 million dollars on July 23, marking a peak for the period.

In the current market situation, quantitative trading strategies can effectively grasp the rhythm of the market. This article backtested a trend-following strategy based on the MACD indicator, achieving over 150% returns in currencies like SUI, demonstrating strong potential for short-term trading. The strategy enters the market through MACD golden crosses and exits with fixed take profit and stop loss, balancing returns and risk control, making it suitable for the current volatile market.

The future market trend will depend on the further evolution of the funding situation and trading structure. If a volume breakthrough can be achieved along with a resonance of technical indicators, mainstream assets are expected to enter a new round of rise. Conversely, if the oscillation continues and divergences intensify, a phase adjustment cannot be ruled out. It is recommended that investors remain cautious and flexibly use quantitative tools to seek certain opportunities in complex market conditions.