BTCUSDT This week opened at 86482.8 USDT and closed at 82134.5 USDT, a drop of 5.03%. Placed within a 200-week sample, this week ranks 176th, in the latter half of the sample; 175 weeks were stronger than it. On the forum, people are also discussing the IMF’s stance that the tokenized market is still small and fragmented. Together, these two points suggest caution—worth flipping to look at the daily chart.
The beginning of the week was actually not hard to read. On 10-01 it rose 1.5%, and on 10-04 it pulled up another 2.09%, setting the week’s high at 86482.8 USDT. The turn came in the second half: 10-07 fell 2.6%, and 10-08 fell another 1.38%. After three straight days closing in the red, the bullish candle from 10-04 was completely undone, and the week ultimately closed at the lowest point of the week. Individually, 10-05 at -0.89% and 10-06 at -0.24% aren’t scary, but stacked together, the direction is clear.
On the forum,热门 posts believe this IMF statement implies that the pace of institutional acceptance is slower than many people expected (paraphrased; not necessarily this site’s viewpoint). Some also link this week’s pullback with that news, thinking the cautious sentiment wasn’t something that suddenly appeared on a single day. My view is that “the tokenized market is small and fragmented” describes market structure—not the short-term up-and-down. Treating it directly as a direction signal can easily lead to mistakes.
What you really should remember is that so-called “best weeks” are conclusions you can only see in hindsight. For the week of 2023-03-13, which rose 27.15%, the people in it didn’t know it would later be used as a sample. This week ranks 176th as well; the rank only exists after the week finishes, so using it to predict next week is meaningless. High leverage is hard to hold through a cadence that keeps going down like this—even if the direction is right, you might be stopped out early. On fees: the default maker order fee rate is 0.02%, taker fee rate is 0.05%. After receiving a 20% rebate, the effective maker fee is 0.016% and effective taker fee is 0.04%. If you do a lot of in-and-out trades, the cumulative taker cost at 0.04% is not small. #IMF says tokenized market is still small and fragmented
#币安 #手续费 $BTC
The beginning of the week was actually not hard to read. On 10-01 it rose 1.5%, and on 10-04 it pulled up another 2.09%, setting the week’s high at 86482.8 USDT. The turn came in the second half: 10-07 fell 2.6%, and 10-08 fell another 1.38%. After three straight days closing in the red, the bullish candle from 10-04 was completely undone, and the week ultimately closed at the lowest point of the week. Individually, 10-05 at -0.89% and 10-06 at -0.24% aren’t scary, but stacked together, the direction is clear.
On the forum,热门 posts believe this IMF statement implies that the pace of institutional acceptance is slower than many people expected (paraphrased; not necessarily this site’s viewpoint). Some also link this week’s pullback with that news, thinking the cautious sentiment wasn’t something that suddenly appeared on a single day. My view is that “the tokenized market is small and fragmented” describes market structure—not the short-term up-and-down. Treating it directly as a direction signal can easily lead to mistakes.
What you really should remember is that so-called “best weeks” are conclusions you can only see in hindsight. For the week of 2023-03-13, which rose 27.15%, the people in it didn’t know it would later be used as a sample. This week ranks 176th as well; the rank only exists after the week finishes, so using it to predict next week is meaningless. High leverage is hard to hold through a cadence that keeps going down like this—even if the direction is right, you might be stopped out early. On fees: the default maker order fee rate is 0.02%, taker fee rate is 0.05%. After receiving a 20% rebate, the effective maker fee is 0.016% and effective taker fee is 0.04%. If you do a lot of in-and-out trades, the cumulative taker cost at 0.04% is not small. #IMF says tokenized market is still small and fragmented
#币安 #手续费 $BTC