SabTheTrader

Last night $BTC once surged to around $87,000, then returned to consolidate near the 86,000s high zone.👀

$ETH has also held around the $2,750 level, and on the US stock side the Nasdaq $QQQB once again made a new all-time high intraday.

This Friday, there are also about $18.1 billion worth of BTC / ETH options expiring, so short-term volatility may likely be amplified again.

My thinking is still the same: don’t guess—wait for price to show the way.🚀

#比特币突破8.7万美元创八个月新高

Check out this SPCXx IPO Campaign on Binance Wallet, but make sure to understand the rules before diving in. 🚀

Basically, eligible users can submit their subscription intentions through Binance Wallet for a chance to snag SpaceX-related tokenized securities, SPCXx.

But let’s be clear:

SPCXx isn’t directly buying SpaceX stock, nor does it grant any shareholder rights in SpaceX.

It’s more like getting price exposure to SpaceX’s potential IPO through xStocks.

The minimum subscription amount is 100 USDC; the indicative price for each SPCXx is 135 USDC, excluding fees, plus a 5% underwriting service fee.

So, if we go by the indicative price, the estimated total cost per token would be around 141.75 USDC.

Of course, keep in mind:

1⃣ Submitting a subscription ≠ guaranteed allocation

2⃣ SPCXx ≠ direct ownership of SpaceX stock

3⃣ The final issue price isn’t fixed

4⃣ Some regional users may be unable to participate

5⃣ Always read the rules and assess the risks before joining in

What I find noteworthy here is:

Pre-IPO, tokenized securities, and US stock assets on-chain are no longer distant concepts.

More and more exchanges and wallets are slowly bringing traditional market asset exposure to users on-chain.

Binance Wallet’s SPCXx IPO Campaign feels like a new milestone in this trend.

What was once a distant Pre-IPO exposure for the average user is now becoming visible to more people at a lower barrier and more on-chain.

So, I’ll treat it as a case study.

It’s not about blindly chasing SpaceX; it doesn’t mean these types of products are fully matured either.

But the increasing appearance of traditional asset exposure in on-chain wallets is definitely a trend worth watching.

If you’re interested, go check out the rules.

Just make sure to read them carefully before participating. 🤣

* NFA, DYOR.

#币安钱包推出spcxxipo

@Elena神话MUA come on, come on!

@听澜321 come come come 🌹

After spot and futures simultaneously surged, CHR’s just-finished hour was still adding to its gains. The public data from Binance at 13:47 (UTC+8) shows that spot for $CHR was 0.02225, up 24.72% over 24 hours; the perpetuals were 0.02221, up 24.57%, with about $61.56 million USDT in 24-hour trading volume.

In the previous full hour, it rose from 0.02158 to 0.02233, up 3.48%. The high and low points in that range were 0.02268 and 0.02130. In that hour, perpetual trading volume was about $1.59 million USDT, up 75.14% month-over-month. Open interest (OI) increased 4.83% in one hour; within a 30-point window it increased 91.40%. Price, trading volume, and the scale of positions all continued to expand in the same direction.

Position expansion happened quickly, but the funding rate diverged: the next period’s Funding indication is -0.0088%, while the most recent actual settlement was +0.0100%. This may reflect a repricing between long and short positions in the short term. But OI only counts contract quantity and cannot identify the direction of newly added positions; the indicated funding rate can also change before settlement.

0.02268 is the confirmation level I checked first. Only if there is a breakout on higher volume and OI continues to rise can the strong structure be considered to have continued. If it falls back below 0.02130 and OI contracts alongside it, it looks more like deleveraging after high volatility—best to avoid chasing the breakout.

@慢就是快Mike 👍👍👍

@灼见 👍👍👍

@CJ_GraceWang1688 🧡🧡🧡

NIL This round isn’t just about the 24-hour price surge—after the latest close, the hourly K line is still accelerating. As per Binance public data at 11:47 (UTC+8), spot is quoted at $NIL for 0.1033, up 47.97% over 24 hours; the perpetual is 0.10345, up 47.98%, with roughly $119 million USDT in 24-hour trading volume.

The previous completed 1-hour period rose from 0.08925 to 0.10152, up 13.75%; the high and low were 0.10192 and 0.08862. Trading volume that hour was about 11.86 million USDT, an increase of 37.13% month-over-month. Quantity OI increased by 3.21% over one hour, while a 30-point window increased by 12.74%; the volume-price positions continued to expand in the same direction.

The current price has already broken above the previous hour’s high, but Funding hasn’t shown a clear warm-up: the next funding indicator and the most recent actual settlement are both +0.0050%. Holding costs remain close to neutral, but OI only indicates contract count changes and can’t determine whether net longs or net shorts were added. After a sharp rally, pullbacks can also be amplified by leverage.

I’ll first see whether 0.10192 can turn from resistance into support. If a pullback holds and trading volume and OI continue to rise, that would support a strong continuation. If it falls back below 0.08862 and OI contracts in sync, prioritize preventing leverage risk rather than chasing longs in a high-volatility zone.

DATAIP has concentrated most of the past day's fluctuations into the most recently completed hourly K-line. According to public Binance data at 09:48 (UTC+8), $DATAIP perpetual futures are at 0.2321, up 3.57% over the past 24 hours, with a trading value of about 10.09 million USDT. Binance spot does not have DATAIPUSDT, so this time we only discuss perpetuals.

The previous complete 1-hour period rose from 0.2194 to 0.2353, up 7.25%, with the high and low of 0.2521 and 0.2180, respectively. Trading volume for that hour was about 3.63 million USDT, up 1,673.00% month-on-month; the quantity OI increased by 14.91% in one hour, and the 30-point window increased by 22.67%. Price, trading, and positioning expanded in sync, but the current price has already fallen back below the hourly close; the ability to hold after the spike has not yet been confirmed.

The funding rate introduces another layer of disagreement: the most recent actual Funding was +0.0050%, while the next period's estimate has turned to -0.1467%. If the cost basis of short positions continues to rise, it could amplify the squeeze; alternatively, it may simply be positioning skew within high volatility, and OI may not be able to distinguish whether newly added positions are net long or net short.

I treat 0.2180–0.2521 as the confirmation zone. Only if it reclaims 0.2353 and breaks above 0.2521 with volume would that support continuation; if it falls below 0.2180 and OI remains high, first watch for rapid unwinding of leveraged positions—do not chase the breakout.

UNI compresses the main incremental movement of 24-hour market conditions into a single 1-hour K-line. According to public Binance data at 07:47 (UTC+8), spot price for $UNI is 10.216, up 13.93% over the past 24 hours; the perpetual contract is 10.234, up 14.22%, with roughly 1.031 billion USDT in 24-hour trading volume.

In the previous complete 1 hour, it rose from 9.437 to 10.190, up 7.98%. Perpetual trading volume was about 132 million USDT, increasing 817.83% month-over-month. Spot was up 7.87% over the same period, with trading volume up 847.40% month-over-month; OI (open interest) by quantity increased 8.75% over 1 hour and 25.10% over 30 hours. Price, trading volume, and positions all accelerated at the same time—short-term momentum is clear, but leverage risk is rising in parallel.

Funding did not run to extremes along with the price increase: the next period’s indicator is +0.0100%, and the most recent actual settlement was also +0.0100%. This suggests current position costs are still close to normal, so it cannot be used to infer the net long-versus-short direction of newly added positions. If trading activity fades, high OI could amplify a pullback.

First, I’m watching the breakout range of 9.391—10.380. Only if a retest holds 9.391 and then breaks above 10.380 with increased volume can it be considered that upside space is still opening. If it falls back below 9.391 and OI simultaneously contracts, prioritize deleveraging after the breakout fails—do not chase higher prices.

@Zhōujiàn 🌹🌹🌹