$SPY in this position I’m overweight, and it’s not the kind of ‘I see an index ETF and think it’s too slow and boring’ type of overweights.
I’ve been trading crypto for a long time; my old habit is always wanting to grab the strongest single line.
Only when the account actually goes into drawdown do you realize how valuable things are that you can hold repeatedly and still sleep well.
$SPY roughly packs the largest basket of companies in the US into one.
You don’t need to bet on any one company suddenly stalling, and you don’t have to guess which sector will take over tomorrow.
As long as the overall profit-making ability of US big companies is still intact, it has allocation value.
Today it ranks #22 on Binance USDT perpetuals both in percentage gain and in trading volume, and I actually think it’s not bad.
In the past 24 hours it’s moved in a range of $768.8 to $775.43, down -0.19%, with the current price at $769.62.
This kind of movement isn’t thrilling; a lot of people find it boring.
But honestly, the more the market doesn’t ignite people’s emotions, the more it feels like there’s room left for those with patience.
There’s another detail I care about.
The funding rate is +0.0000%, the open interest is 40,894 contracts, and the 24-hour trading value is $48.80M USDT.
This suggests that people are watching in the room, but the emotions haven’t heated up.
What I fear most right now is the kind of situation where a bunch of people pile into the same side, and the talk is all big narratives.
At the moment, $SPY is at least not at that stage—no one’s gone crazy with the chips, and the pace isn’t chaotic.
To put it plainly, buying $SPY isn’t buying a story; it’s buying a bundled version of US core assets.
AI, cloud, consumption, finance, industrials—whoever is stronger, the basket lets you eat a bit of it all.
You don’t have to nail a single stock every time, and you avoid a lot of the unfair losses from ‘picking the right industry but the wrong ticker.’
I’m not just blindly calling it bullish with my eyes closed.
If later the macro expectations turn cold, or if broad market weightings pull back together, $SPY won’t be able to stand apart on its own.
The advantage of an ETF is diversification; the trade-off is it won’t give you surprises like a ‘妖股’ would.
But if you ask me to choose, I’d rather hold something that moves more slowly and has a thicker foundation.
If I really have to pick something in Binance TradFi that’s suitable for repeatedly watching, I’d put $SPY first.
If you lose, don’t cue me. If you profit, treat me to a cup of coffee.
$SPY #US stocks
I’ve been trading crypto for a long time; my old habit is always wanting to grab the strongest single line.
Only when the account actually goes into drawdown do you realize how valuable things are that you can hold repeatedly and still sleep well.
$SPY roughly packs the largest basket of companies in the US into one.
You don’t need to bet on any one company suddenly stalling, and you don’t have to guess which sector will take over tomorrow.
As long as the overall profit-making ability of US big companies is still intact, it has allocation value.
Today it ranks #22 on Binance USDT perpetuals both in percentage gain and in trading volume, and I actually think it’s not bad.
In the past 24 hours it’s moved in a range of $768.8 to $775.43, down -0.19%, with the current price at $769.62.
This kind of movement isn’t thrilling; a lot of people find it boring.
But honestly, the more the market doesn’t ignite people’s emotions, the more it feels like there’s room left for those with patience.
There’s another detail I care about.
The funding rate is +0.0000%, the open interest is 40,894 contracts, and the 24-hour trading value is $48.80M USDT.
This suggests that people are watching in the room, but the emotions haven’t heated up.
What I fear most right now is the kind of situation where a bunch of people pile into the same side, and the talk is all big narratives.
At the moment, $SPY is at least not at that stage—no one’s gone crazy with the chips, and the pace isn’t chaotic.
To put it plainly, buying $SPY isn’t buying a story; it’s buying a bundled version of US core assets.
AI, cloud, consumption, finance, industrials—whoever is stronger, the basket lets you eat a bit of it all.
You don’t have to nail a single stock every time, and you avoid a lot of the unfair losses from ‘picking the right industry but the wrong ticker.’
I’m not just blindly calling it bullish with my eyes closed.
If later the macro expectations turn cold, or if broad market weightings pull back together, $SPY won’t be able to stand apart on its own.
The advantage of an ETF is diversification; the trade-off is it won’t give you surprises like a ‘妖股’ would.
But if you ask me to choose, I’d rather hold something that moves more slowly and has a thicker foundation.
If I really have to pick something in Binance TradFi that’s suitable for repeatedly watching, I’d put $SPY first.
If you lose, don’t cue me. If you profit, treat me to a cup of coffee.
$SPY #US stocks