Bringing the off-shore futures contract market of $BTC up from scratch—after five years, it collapsed by 97%; it’s basically officially retired.

Put simply, this is a power handover. The more the plate gets expanded, the more the institutions play it—perpetual options keep moving risks around and around. The earliest pioneers who opened the ground were left in the corner, ignored by everyone. It’s not that nobody is betting anymore; it’s that the way of betting has evolved.

The current price of $BTC is 81112. In the past 24 hours it’s only down 0.39%. At around 3:00 a.m., the order book is as thin as paper. Don’t open a heavy position at this moment. Pins will be used to skim stops and harvest night owls—set your stop-loss, then go to sleep.

With the veteran contributors stepping down, do you think it’s a structural upgrade—or funds pulling out?
If you’re bullish, tap 1; if you’re bearish, tap 2.

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