📊 Just saw the news about the MSFTUSDT perpetual contract going live, let me say a few words.
Ethereum (ETH) increased by 3.1% in 24 hours, with a trading volume of 101.5B. This level of volume is not something retail investors can easily engage with.
The average fluctuation is less than 1%, and the market is choosing its direction. Patience is more important than frequent trading.
The launch of perpetual contracts is a positive for the project—meaning more players can enter the market. However, in the short term, there may be selling pressure from "launch being the peak." My suggestion is to wait a week before reassessing.
My judgment: It is a medium to long-term positive for ETH, but there may be selling pressure in the short term. I recommend observing for 1-2 weeks and deciding whether to enter the market after the market sentiment stabilizes.
【Today's Market】
BTC $undefined (+2.7%) Trading volume NaNM | ETH $undefined (+3.1%) Trading volume NaNM | USDT $undefined (+0.0%) Trading volume NaNM
What do you think? How do you view ETH's launch this time? 🤔
#Binance #Crypto #BTC
📢 Source: https://www.binance.com/zh-CN/support/announcement/16fe15060947481ab240fb398230a3ee
Ethereum (ETH) increased by 3.1% in 24 hours, with a trading volume of 101.5B. This level of volume is not something retail investors can easily engage with.
The average fluctuation is less than 1%, and the market is choosing its direction. Patience is more important than frequent trading.
The launch of perpetual contracts is a positive for the project—meaning more players can enter the market. However, in the short term, there may be selling pressure from "launch being the peak." My suggestion is to wait a week before reassessing.
My judgment: It is a medium to long-term positive for ETH, but there may be selling pressure in the short term. I recommend observing for 1-2 weeks and deciding whether to enter the market after the market sentiment stabilizes.
【Today's Market】
BTC $undefined (+2.7%) Trading volume NaNM | ETH $undefined (+3.1%) Trading volume NaNM | USDT $undefined (+0.0%) Trading volume NaNM
What do you think? How do you view ETH's launch this time? 🤔
#Binance #Crypto #BTC
📢 Source: https://www.binance.com/zh-CN/support/announcement/16fe15060947481ab240fb398230a3ee