Do you have this feeling? It’s like, even though it only poked up $BTC and then 78000, everyone’s eyes just all came back.
I’m a bit more—and the kind of direct.
It’s not that this 24 hours only went up 0.051% and that’s the big deal; it’s that it’s been grinding back and forth in the 77255 to 78150 range, and it can still push the number of trades up to 2.04 million—meaning the people watching it suddenly got more concentrated.
There’s something else that’s very straightforward.
The spot is only 662 million, while the futures are already 5.338 billion—this 8.1x magnifying glass is all focused on $BTC . The funding rate is only +0.01%. The heat is up, but the momentum hasn’t burned through. For this kind of market, I’m actually more willing to look at it with a bit more respect.
Now look at the open interest.
107,758 contracts of $BTC are pinned in there. The moment the price just broke above 78000, someone started watching it intently right away. It’s currently been picked up by the market—not because the news is scary, but because everyone is afraid they’ll miss the main thread again.
The shorts also aren’t without reason.
That little space above 78k hasn’t turned into a smooth breakout yet—when they try to push, it snaps back. I’ve been slapped by that kind of speed many times too.
But if you ask me whether I’ll lean bearish, I won’t.
If it were me, I’d rather wait for a pullback entry. I wouldn’t want to stand on the opposite side when everyone is re-focusing on $BTC . Are you really brave enough to keep watching it turn back from this position?
$BTC #BTC走势分析 #BinanceSquare
If you can’t handle it, don’t get on the train. Anyway, I’m also doing this based on experience from losing money.
I’m a bit more—and the kind of direct.
It’s not that this 24 hours only went up 0.051% and that’s the big deal; it’s that it’s been grinding back and forth in the 77255 to 78150 range, and it can still push the number of trades up to 2.04 million—meaning the people watching it suddenly got more concentrated.
There’s something else that’s very straightforward.
The spot is only 662 million, while the futures are already 5.338 billion—this 8.1x magnifying glass is all focused on $BTC . The funding rate is only +0.01%. The heat is up, but the momentum hasn’t burned through. For this kind of market, I’m actually more willing to look at it with a bit more respect.
Now look at the open interest.
107,758 contracts of $BTC are pinned in there. The moment the price just broke above 78000, someone started watching it intently right away. It’s currently been picked up by the market—not because the news is scary, but because everyone is afraid they’ll miss the main thread again.
The shorts also aren’t without reason.
That little space above 78k hasn’t turned into a smooth breakout yet—when they try to push, it snaps back. I’ve been slapped by that kind of speed many times too.
But if you ask me whether I’ll lean bearish, I won’t.
If it were me, I’d rather wait for a pullback entry. I wouldn’t want to stand on the opposite side when everyone is re-focusing on $BTC . Are you really brave enough to keep watching it turn back from this position?
$BTC #BTC走势分析 #BinanceSquare
If you can’t handle it, don’t get on the train. Anyway, I’m also doing this based on experience from losing money.