Today, just three points on futures
When trading futures, I only look at crowding, not chat-group messages.
For position sizing, I look at crowding first, then price.
BTC open interest: $7.06 billion, 24h -2.04%
Account-wide long/short ratio: 3.13
BTC 69266 (-6.09%), ETH 1960 (-4.58%).
Funding rate at 0.0054%, close to zero; long/short ratio at 3.13, with leverage showing no clear bias. If the market hasn't picked a side, don't use high leverage to pick one for it.
Key levels: upside 69,820, downside 68,019. Keep one-way exposure below 2x account equity; place stops outside the structure, not at psychologically significant round numbers.
If the funding rate rises from near zero to above 0.01%, longs are rushing in early. I'll wait for a pullback, not the first breakout.
Data: Binance spot 24h / Binance USDⓈ-M / Yahoo daily (5-day change) / altme_fng / mempool_fees / defillama_chains / coingecko_trending. Missing figures are left blank.
Are you flat and waiting for a pullback, or are you already in?
#合约 #PositionManagement
Takeaway: BNB Chain fees are low and there are lots of momentum chasers; when liquidity gets pulled, the market cap is just on paper.
Thought: 10-year yields are ticking up: valuation narratives take a back seat; for spot, only leave orders at pullback levels.
Data card (same update as the main text; missing values are shown as dashes):
BTC 69,266 -6.09% Binance spot 24h
ETH 1,960 -4.58% ETH/BTC 0.02829
S&P 7,592 +3.25% Yahoo 5-day
Nasdaq 25,366 +4.32% Yahoo 5-day
US dollar 103 +1.47% DXY 5-day
VIX 18.70 -27.07% Yahoo
Funding rate 0.0054% Open interest 7.06B (24h -2.04) Long/short 3.1339 Binance USDⓈ-M
Personal opinion; figures are from the sources listed in the main text. Not an order instruction.
$BTC $ETH $SOL
When trading futures, I only look at crowding, not chat-group messages.
For position sizing, I look at crowding first, then price.
BTC open interest: $7.06 billion, 24h -2.04%
Account-wide long/short ratio: 3.13
BTC 69266 (-6.09%), ETH 1960 (-4.58%).
Funding rate at 0.0054%, close to zero; long/short ratio at 3.13, with leverage showing no clear bias. If the market hasn't picked a side, don't use high leverage to pick one for it.
Key levels: upside 69,820, downside 68,019. Keep one-way exposure below 2x account equity; place stops outside the structure, not at psychologically significant round numbers.
If the funding rate rises from near zero to above 0.01%, longs are rushing in early. I'll wait for a pullback, not the first breakout.
Data: Binance spot 24h / Binance USDⓈ-M / Yahoo daily (5-day change) / altme_fng / mempool_fees / defillama_chains / coingecko_trending. Missing figures are left blank.
Are you flat and waiting for a pullback, or are you already in?
#合约 #PositionManagement
Takeaway: BNB Chain fees are low and there are lots of momentum chasers; when liquidity gets pulled, the market cap is just on paper.
Thought: 10-year yields are ticking up: valuation narratives take a back seat; for spot, only leave orders at pullback levels.
Data card (same update as the main text; missing values are shown as dashes):
BTC 69,266 -6.09% Binance spot 24h
ETH 1,960 -4.58% ETH/BTC 0.02829
S&P 7,592 +3.25% Yahoo 5-day
Nasdaq 25,366 +4.32% Yahoo 5-day
US dollar 103 +1.47% DXY 5-day
VIX 18.70 -27.07% Yahoo
Funding rate 0.0054% Open interest 7.06B (24h -2.04) Long/short 3.1339 Binance USDⓈ-M
Personal opinion; figures are from the sources listed in the main text. Not an order instruction.
$BTC $ETH $SOL