$SOL is up 3.64%, surprisingly outperforming $ETH at 3.44%, while I only hold ETH. INJ is up 26% in a day too—I'm really tempted, but I've taken enough losses chasing rallies over the past two years. Today, I somehow managed to sit on my hands.
With 17 of 21 assets across the market rising, I noticed one small detail: $BTC is currently at 82,166, up just 1.08%, while open interest actually fell 0.38% over the past hour. In my view, a price rise without added leverage feels more solid than one driven by piling on positions. The long-short ratio for $ETH futures is 2.56, compared with just 1.56 for BTC. Longs are crowded into ETH, so if there's a pullback, its volatility will only be greater.
Here's my position plan: as long as $BTC stays above 81,000, I'll take that as a sign the bullish trend is intact and keep holding ETH. If it really breaks below that level, I'll reduce my position by one notch first. What I said before goes out the window then—no stubbornly digging in.
I just saw the news from Wu Shuo Blockchain: UMX, backed by Li Lin, officially launches today, letting users trade Hong Kong and US stocks, ETFs, options, and crypto in one account. I think this is a move to capture the gateway to investors' funds. It may not show up in the market right away in the short term, but it's a positive for the sector. Here's another question: are you comfortable keeping stocks and crypto in the same account?
#Binance #BTC #ETH #SOL #UMX上线
With 17 of 21 assets across the market rising, I noticed one small detail: $BTC is currently at 82,166, up just 1.08%, while open interest actually fell 0.38% over the past hour. In my view, a price rise without added leverage feels more solid than one driven by piling on positions. The long-short ratio for $ETH futures is 2.56, compared with just 1.56 for BTC. Longs are crowded into ETH, so if there's a pullback, its volatility will only be greater.
Here's my position plan: as long as $BTC stays above 81,000, I'll take that as a sign the bullish trend is intact and keep holding ETH. If it really breaks below that level, I'll reduce my position by one notch first. What I said before goes out the window then—no stubbornly digging in.
I just saw the news from Wu Shuo Blockchain: UMX, backed by Li Lin, officially launches today, letting users trade Hong Kong and US stocks, ETFs, options, and crypto in one account. I think this is a move to capture the gateway to investors' funds. It may not show up in the market right away in the short term, but it's a positive for the sector. Here's another question: are you comfortable keeping stocks and crypto in the same account?
#Binance #BTC #ETH #SOL #UMX上线