BTCUSDT This week closed at 80,913.9 USDT, down from 86,482.8 USDT. The decline was 6.44%. Out of a 200-week sample, it ranked 185th, placing it in the latter half of the sample. Judging by this rank alone, it’s a relatively weak tier—but within the sample there are still 15 weeks that were even weaker.
At the start of the week, it was actually still moving upward. On October 4, it surged from 84,710.5 USDT to 86,482.8 USDT, up 2.09%—this was the only decent upswing of the week. The turning point came on October 7, when it fell from 85,507.6 USDT to 83,281.9 USDT, down 2.6%. The next day it didn’t stop: from 83,281.9 USDT it slid to 80,913.9 USDT, down 2.84%. Two consecutive down days erased all of the early-week gains and then moved further downward.
On the forum, some popular posts believe the key point of Vitalik’s warning this time is that AI may accelerate the weakening of cryptographic security (paraphrased; not necessarily the site’s viewpoint). Some people connect these long-term security concerns to this week’s weakness in BTCUSDT, while others think weekly gains and losses have their own rhythm and shouldn’t be forced to fit. My view leans toward the latter: the move from 86,482.8 USDT to 80,913.9 USDT has already happened, and there can be many interpretations of the cause. The popular posts offer one of those interpretations, not a conclusion.
High leverage is the most uncomfortable in a one-direction weekly trend. The decline over two consecutive days is compounded volatility, not a one-off event. Funding fees still settle as usual when the direction goes against positions. Binance perpetual contracts’ default maker fee rate is 0.02% and taker fee rate is 0.05%; after a 20% rebate, the effective maker fee is 0.016% and taker effective fee is 0.04%, which has nothing to do with whether the price goes up or down. The best week is a hindsight conclusion: the week of January 9, 2023, it rose 21.95%, and no one knew that at the time. #Vitalik warning: AI may accelerate the weakening of cryptographic security
#币安 #手续费 $BTC
At the start of the week, it was actually still moving upward. On October 4, it surged from 84,710.5 USDT to 86,482.8 USDT, up 2.09%—this was the only decent upswing of the week. The turning point came on October 7, when it fell from 85,507.6 USDT to 83,281.9 USDT, down 2.6%. The next day it didn’t stop: from 83,281.9 USDT it slid to 80,913.9 USDT, down 2.84%. Two consecutive down days erased all of the early-week gains and then moved further downward.
On the forum, some popular posts believe the key point of Vitalik’s warning this time is that AI may accelerate the weakening of cryptographic security (paraphrased; not necessarily the site’s viewpoint). Some people connect these long-term security concerns to this week’s weakness in BTCUSDT, while others think weekly gains and losses have their own rhythm and shouldn’t be forced to fit. My view leans toward the latter: the move from 86,482.8 USDT to 80,913.9 USDT has already happened, and there can be many interpretations of the cause. The popular posts offer one of those interpretations, not a conclusion.
High leverage is the most uncomfortable in a one-direction weekly trend. The decline over two consecutive days is compounded volatility, not a one-off event. Funding fees still settle as usual when the direction goes against positions. Binance perpetual contracts’ default maker fee rate is 0.02% and taker fee rate is 0.05%; after a 20% rebate, the effective maker fee is 0.016% and taker effective fee is 0.04%, which has nothing to do with whether the price goes up or down. The best week is a hindsight conclusion: the week of January 9, 2023, it rose 21.95%, and no one knew that at the time. #Vitalik warning: AI may accelerate the weakening of cryptographic security
#币安 #手续费 $BTC