📊 Just saw that the MSFTUSDT perpetual contract is going live, thought I'd share a few words.
BNB has fluctuated by 1.9% in the last 24 hours, with a trading volume of 72.3B indicating high market interest.
Today, the market doesn't have a clear direction, mainly moving sideways. This kind of market is best for watching and not suitable for heavy positions.
The launch of the BNB perpetual contract means more trading opportunities, but it also comes with increased risk. The volatility of futures is several times that of spot, so it's advisable to sit on the sidelines and wait for the market to digest before deciding whether to jump in.
My take: Honestly, I wouldn't recommend chasing right now. The initial phase of a contract launch can be very volatile, making it easy to get stopped out. It's safer to wait until things settle down a bit.
【Today's Market】
BTC $undefined (-0.9%) Volume NaNM | ETH $undefined (-1.3%) Volume NaNM | USDT $undefined (+0.0%) Volume NaNM
What do you all think? Is BNB worth setting up a position for? 🤔
#Binance #Crypto #BTC
📢 Source: https://www.binance.com/zh-CN/support/announcement/16fe15060947481ab240fb398230a3ee
BNB has fluctuated by 1.9% in the last 24 hours, with a trading volume of 72.3B indicating high market interest.
Today, the market doesn't have a clear direction, mainly moving sideways. This kind of market is best for watching and not suitable for heavy positions.
The launch of the BNB perpetual contract means more trading opportunities, but it also comes with increased risk. The volatility of futures is several times that of spot, so it's advisable to sit on the sidelines and wait for the market to digest before deciding whether to jump in.
My take: Honestly, I wouldn't recommend chasing right now. The initial phase of a contract launch can be very volatile, making it easy to get stopped out. It's safer to wait until things settle down a bit.
【Today's Market】
BTC $undefined (-0.9%) Volume NaNM | ETH $undefined (-1.3%) Volume NaNM | USDT $undefined (+0.0%) Volume NaNM
What do you all think? Is BNB worth setting up a position for? 🤔
#Binance #Crypto #BTC
📢 Source: https://www.binance.com/zh-CN/support/announcement/16fe15060947481ab240fb398230a3ee