A friend of mine who trades US stock options in the U.S. sent me a picture last night. He said Binance has added options for 1,000 U.S. stocks and ETFs.
I stared at the line “TradFi perpetual month total trades $433.4B” for a long time, and a sentence popped into my head: in crypto, this time they’re starting to fight traditional markets for the same pool of gamblers’ hands.
I don’t think this is a standalone piece of news.
Look at the current setup: $BTC is still hovering around 78047, down 0.6% over the past 24 hours; the high is 79250 and the low is 77675. On the surface, it looks calm.
But the activity hasn’t stopped.
Spot over the last 24 hours is $1.136B, while contracts are $10.013B—about 8.8x.
Funding rate is only +0.0048%, not exactly “hot,” and open positions still have 108771 units of $BTC sitting there.
This feels just like that.
The price hasn’t moved much, but the venue has been set up first.
Why now, specifically?
Personally, I think it’s because U.S. stock volatility, ETF trading habits, and the 7x24 nature of crypto are starting to get twisted together.
Before, many people would trade U.S. stocks in the daytime and watch crypto at night.
Now the platform directly combines the entry points. The theme resonance will happen faster, and sentiment switching will happen faster too. Today there’s news about tech stocks; tomorrow $BTC will probably ride the liquidity as well. After this, that kind of correlation will likely become even more obvious.
I didn’t chase the excitement directly.
Last time, I got too carried away by a new story—I touched a contract with a hand, and at midnight I got swept the opposite way. My wife even asked me in the morning why I woke up so early again.
But this time, I’m leaning more bullish.
Not saying it will fly immediately. I plan to treat $BTC as my first liquidity anchor to hold, and I’m tempted to touch contracts even with a small position.
I might be wrong in one respect.
If this is only the platform keeping traditional trading users around longer, and the money hasn’t truly flowed into crypto yet, then once the hype from the news fades, the chart will still keep grinding people down.
If it were me, I’d keep holding spot and see whether it can reclaim above 79250.
If I lose, don’t cue me. If I win, buy me a coffee.
$BTC
#BTC走势分析 #BinanceSquare
I stared at the line “TradFi perpetual month total trades $433.4B” for a long time, and a sentence popped into my head: in crypto, this time they’re starting to fight traditional markets for the same pool of gamblers’ hands.
I don’t think this is a standalone piece of news.
Look at the current setup: $BTC is still hovering around 78047, down 0.6% over the past 24 hours; the high is 79250 and the low is 77675. On the surface, it looks calm.
But the activity hasn’t stopped.
Spot over the last 24 hours is $1.136B, while contracts are $10.013B—about 8.8x.
Funding rate is only +0.0048%, not exactly “hot,” and open positions still have 108771 units of $BTC sitting there.
This feels just like that.
The price hasn’t moved much, but the venue has been set up first.
Why now, specifically?
Personally, I think it’s because U.S. stock volatility, ETF trading habits, and the 7x24 nature of crypto are starting to get twisted together.
Before, many people would trade U.S. stocks in the daytime and watch crypto at night.
Now the platform directly combines the entry points. The theme resonance will happen faster, and sentiment switching will happen faster too. Today there’s news about tech stocks; tomorrow $BTC will probably ride the liquidity as well. After this, that kind of correlation will likely become even more obvious.
I didn’t chase the excitement directly.
Last time, I got too carried away by a new story—I touched a contract with a hand, and at midnight I got swept the opposite way. My wife even asked me in the morning why I woke up so early again.
But this time, I’m leaning more bullish.
Not saying it will fly immediately. I plan to treat $BTC as my first liquidity anchor to hold, and I’m tempted to touch contracts even with a small position.
I might be wrong in one respect.
If this is only the platform keeping traditional trading users around longer, and the money hasn’t truly flowed into crypto yet, then once the hype from the news fades, the chart will still keep grinding people down.
If it were me, I’d keep holding spot and see whether it can reclaim above 79250.
If I lose, don’t cue me. If I win, buy me a coffee.
$BTC
#BTC走势分析 #BinanceSquare