最新报道：According to Bijie.com, on September 28th, on-chain data analyst Murphy stated that the perpetual swap volume difference (VDB) measures the difference between active buy and sell volume. A positive value indicates stronger bullish momentum, while a negative value indicates stronger bearish momentum. Comparing the VDB to the 90-day median serves as a medium- to long-term anchor point or balance line, used to determine whether the current trend of bullish and bearish forces is relatively strong or weak. Currently, VDB on Binance and other major trading platforms has returned to the 90-day median, indicating that short-term bullish and bearish forces have returned to a long-term equilibrium point. The market currently lacks a significant "sustained buying bias" or "sustained selling bias." The previous short-term trend (either bullish or bearish) is fading, and market forces are returning to equilibrium. This phenomenon often occurs during transitional periods in the market, indicating that the trend may be brewing a new direction. If VDB can continue to remain above neutral and begin to move towards positive values, it means that funds are gradually shifting back to the buying side, which is conducive to a short-term rebound. Even with a short-term rebound, the short-term holder realized price (STH-RP) remains a key factor in determining price action, currently around $111,500. If this level fails to break through and the VDB quickly turns negative, it suggests selling pressure has regained its upper hand, potentially leading to further price corrections. This analysis is for educational purposes only and is not intended as investment advice.