I flipped the U.S. stock perpetual list back again.
It’s not as crazy as the fact that it only rose +2.04% in a single day—it's that a ticker like $MSFT can actually rank 9 on Binance’s U.S. stock perpetuals gainers list, with volume ranking 26. This indicates that more than just people holding it as a long-term position are paying attention now. Traders running swing strategies and contract traders have also started crowding into it.
I’m a bit bullish on it, and the reasons aren’t complicated.
First, what the market is willing to chase now isn’t only “storytelling” companies, but also big companies that can turn technology into actual business. In many people’s minds, $MSFT has long been the kind of stock with a solid foundation and a broad set of business lines. When AI, cloud, and enterprise software are being traded back and forth repeatedly, it’s naturally already on the table—no extra educating of the market needed.
Second, once a stock like this gets noticed, attention itself becomes a tailwind. Its current perpetual price is $515.15, with a 24-hour range of $502.93 to $517.93. The price has been pushing upward throughout, and volume has reached $31.83M USDT, with open positions at 46,247 contracts. The funding rate is still +0.0000%—and I actually like that. In simple terms, the heat is up, but the sentiment hasn’t gotten so overheated that everyone is bullish and rushing in, making it easy to get hit.
There’s one more thing I care about.
When many large-cap tech stocks rally to high levels, people’s first reaction is, “It’s too big—there’s no upside.” But when the market eventually needs to find something relatively steadier that can still capture expectations for new technology, money still tends to flow back into names like this. Basically, the less calm things are outside, the more people want to lean toward places with higher certainty.
I’m not blindly praising it, either.
Even at this level, if it runs strong, it probably won’t give you continuous surprises the way smaller-cap stocks might. If overall U.S. stock sentiment turns colder, or if the market suddenly starts complaining it’s rising too slowly, it can still get dumped in the short term. Today’s high at $517.93 didn’t hold far above—suggesting there are still people up top cashing out conveniently.
But if it were me, I’d still rather stand on the bullish side—especially when hype is clearly rising and the funding rate hasn’t gone wild. If I had to choose among U.S. stock perpetuals for something you can hold onto without being too dull, $MSFT would be near the top of my list.
This is my view—your money, you decide. $MSFT #U.S. stocks perpetual
It’s not as crazy as the fact that it only rose +2.04% in a single day—it's that a ticker like $MSFT can actually rank 9 on Binance’s U.S. stock perpetuals gainers list, with volume ranking 26. This indicates that more than just people holding it as a long-term position are paying attention now. Traders running swing strategies and contract traders have also started crowding into it.
I’m a bit bullish on it, and the reasons aren’t complicated.
First, what the market is willing to chase now isn’t only “storytelling” companies, but also big companies that can turn technology into actual business. In many people’s minds, $MSFT has long been the kind of stock with a solid foundation and a broad set of business lines. When AI, cloud, and enterprise software are being traded back and forth repeatedly, it’s naturally already on the table—no extra educating of the market needed.
Second, once a stock like this gets noticed, attention itself becomes a tailwind. Its current perpetual price is $515.15, with a 24-hour range of $502.93 to $517.93. The price has been pushing upward throughout, and volume has reached $31.83M USDT, with open positions at 46,247 contracts. The funding rate is still +0.0000%—and I actually like that. In simple terms, the heat is up, but the sentiment hasn’t gotten so overheated that everyone is bullish and rushing in, making it easy to get hit.
There’s one more thing I care about.
When many large-cap tech stocks rally to high levels, people’s first reaction is, “It’s too big—there’s no upside.” But when the market eventually needs to find something relatively steadier that can still capture expectations for new technology, money still tends to flow back into names like this. Basically, the less calm things are outside, the more people want to lean toward places with higher certainty.
I’m not blindly praising it, either.
Even at this level, if it runs strong, it probably won’t give you continuous surprises the way smaller-cap stocks might. If overall U.S. stock sentiment turns colder, or if the market suddenly starts complaining it’s rising too slowly, it can still get dumped in the short term. Today’s high at $517.93 didn’t hold far above—suggesting there are still people up top cashing out conveniently.
But if it were me, I’d still rather stand on the bullish side—especially when hype is clearly rising and the funding rate hasn’t gone wild. If I had to choose among U.S. stock perpetuals for something you can hold onto without being too dull, $MSFT would be near the top of my list.
This is my view—your money, you decide. $MSFT #U.S. stocks perpetual