有米06

Get ready to welcome your brighter tomorrow $BNB

BNB-1.09%

Sideways markets are the most frustrating: chase a rally and get stuck holding the bag; buy the dip and get buried. But there’s a strategy that thrives on this kind of volatility.

Binance Spot Grid Trading—you set a price range and the number of grids, and it automatically buys low and sells high. No need to watch the charts.

Set one up in 5 steps (on the app):

1. Open the app and tap →→→
2. Choose a trading pair, such as BTC/USDT
3. Choose a parameter mode: generate parameters automatically, copy a successful strategy, or set arithmetic/geometric grids yourself
4. Enter the price range (highest/lowest price), number of grids, and investment amount
5. Review the order details, tap →, and you can watch it go to work in

My take: Grid trading works best when you can’t tell which way the market is headed but expect it to move sideways—for example, BTC has been ranging between 83,000 and 87,000 over the past few weeks. Its profits come from the number of price swings, not market direction. A big one-way rally or sell-off is actually the toughest scenario: set the range too narrow and the price can leave you behind; set it too wide and your capital is less efficiently used. If you’re new, try AI-generated parameters with a small amount for a week and see how much fees eat into your returns. Every grid trade incurs spot trading fees, so grids that are too dense are basically doing the exchange’s work for it.

⚠️ Grid trading isn’t guaranteed profit: if the price falls below the lower limit, you could be left holding a pile of coins; if it breaks above the upper limit, you could miss out. Start small—don’t go all in from the beginning.

I’ll keep sharing practical tutorials like this, so follow me to stay in the loop.
Have you tried grid trading? What percentage of your returns went to fees?

$BTC
Source: Compiled from Binance’s official help documentation

Three shares become one—sounds like a warning sign of a 50% plunge? BlackRock just did exactly that yesterday.

On October 6, BlackRock carried out a 1-for-3 reverse split of its spot Ethereum ETF (ETHA): every three shares were consolidated into one, tripling the net asset value per share. The total market value held by investors and the fund’s assets remained exactly the same, while shareholdings were automatically adjusted by brokers based on the October 5 record date.

Bloomberg senior ETF analyst Eric Balchunas spelled out the reason: ETHA is down about 40% year to date, leaving each share worth just around $14 before the split. Market makers’ spreads had become too large a share of trading volume. After the consolidation, the price per share is back above $40, and trading costs could drop from 7 basis points to about 2. Put simply: this isn’t about fleecing investors—it’s about clearing the way for big money to come in.

My take: A reverse split doesn’t change the value by a single cent, but the signal it sends is real—BlackRock believes that a leading product like ETHA is worth making more cost-efficient to trade over the long term. Grayscale pulled the same move with its Mini Trust in 2024. The real thing to watch isn’t the split, but the fund flows afterward: on Monday, spot ETH ETFs saw net outflows for the fifth consecutive day, totaling more than $200 million. Institutional wallets are telling the truth; the split just makes the on-ramp smoother.

Data as of: 2026-10-06 20:00 UTC
Sources: Odaily (citing The Block); Cryptonomist (citing an SEC 8-K filing); Cointelegraph
For informational purposes only; not investment advice.

$ETH
#BlackRockEthereumETFReverseSplit

Do you usually pay attention to ETF fund flows, or do you just watch the price of the coin itself?

ETHAETF+0.13%

A publicly listed company is buying up ETH to reach “Alchemy of 5%” of the total supply. BitMine disclosed on October 5 that it bought another 15,112 ETH over the past week, bringing its total holdings to 6,016,414 ETH, worth about $16.4 billion at current prices. Based on a total supply of 122.1 million ETH, that’s 4.9% held by a single company. They’re now just 0.1 percentage points away from their self-set “Alchemy of 5%” goal. A few key details: 1. Buying every week: Since launching its ETH treasury strategy on June 30, 2025, it has “bought every single week.” The company says no other publicly listed company can match this streak. 2. Most of it is “put to work”: 84% of its holdings (about 5.067 million ETH) has been staked, earning an annualized yield of about 2.63%—roughly $360 million a year based on the amount staked. 3. The balance sheet: Crypto, cash, marketable securities, and strategic investments total $17.4 billion. What do you make of it? The treasury-company strategy of “buying a fixed amount every week and staking a large share” essentially removes ETH from the circulating supply in a systematic way: they buy it and lock it up through staking, leaving less ETH available to trade on the market. That’s a completely different approach from retail investors chasing a rally: one accumulates according to a plan, the other jumps in on a gut feeling. But there’s another side to consider: the more concentrated ownership becomes, the more a single entity’s actions can move the market. And stocks like BMNR have their own premium fluctuations—crypto and stocks are not the same thing. Institutions have their own reasons for accumulating crypto, so weigh your own position carefully before copying their playbook. Data as of: 2026-10-04 22:30 UTC Source: BitMine official press release; Wu Blockchain #Ethereum $ETH For informational purposes only; not investment advice. I’ll continue tracking institutional holdings like these. Follow me to stay in the loop. Do you think one company holding 5% of the ETH supply is a long-term positive or a potential risk?

A publicly listed company is buying up ETH to reach “Alchemy of 5%” of the total supply.

BitMine disclosed on October 5 that it bought another 15,112 ETH over the past week, bringing its total holdings to 6,016,414 ETH, worth about $16.4 billion at current prices. Based on a total supply of 122.1 million ETH, that’s 4.9% held by a single company.

They’re now just 0.1 percentage points away from their self-set “Alchemy of 5%” goal.

A few key details:

1. Buying every week: Since launching its ETH treasury strategy on June 30, 2025, it has “bought every single week.” The company says no other publicly listed company can match this streak.
2. Most of it is “put to work”: 84% of its holdings (about 5.067 million ETH) has been staked, earning an annualized yield of about 2.63%—roughly $360 million a year based on the amount staked.
3. The balance sheet: Crypto, cash, marketable securities, and strategic investments total $17.4 billion.

What do you make of it?

The treasury-company strategy of “buying a fixed amount every week and staking a large share” essentially removes ETH from the circulating supply in a systematic way: they buy it and lock it up through staking, leaving less ETH available to trade on the market. That’s a completely different approach from retail investors chasing a rally: one accumulates according to a plan, the other jumps in on a gut feeling.

But there’s another side to consider: the more concentrated ownership becomes, the more a single entity’s actions can move the market. And stocks like BMNR have their own premium fluctuations—crypto and stocks are not the same thing. Institutions have their own reasons for accumulating crypto, so weigh your own position carefully before copying their playbook.

Data as of: 2026-10-04 22:30 UTC
Source: BitMine official press release; Wu Blockchain
#Ethereum
$ETH
For informational purposes only; not investment advice.

I’ll continue tracking institutional holdings like these. Follow me to stay in the loop.
Do you think one company holding 5% of the ETH supply is a long-term positive or a potential risk?

BMNRB-1.60%

When I went home for National Day this year, my aunt finally couldn’t hold back and asked: “That blockchain thing of yours… isn’t it just a pyramid scheme?”

I spent ten minutes explaining decentralization, smart contracts, Bitcoin…
She nodded as if she sort of understood, then patted me on the shoulder and said:
“It’s okay. Young people make mistakes. Just don’t borrow money.”

Well, she summed it up better than I did.

Jokes aside, what my family worries about is exactly what this industry lacks most: someone to hit the brakes for you.
In a bull market, when your feed is full of people showing off their gains, the most dangerous thing isn’t volatility—it’s starting to think you can’t be wrong.
So every time I go home and get “lectured,” I come back with a clearer head: manage your position size, stay away from leverage, and keep your living expenses out of the market.

Does your family know you trade crypto? What’s the most classic thing they’ve said?

Source: An original joke, adapted from a real family visit 😂
#NationalDay

Sold 10,000 Bitcoin, then bought back 11,000—Metaplanet’s third-quarter moves look like “churning,” but behind them is really an effort to reassure creditors. On October 5, the Japanese publicly listed treasury company disclosed its third-quarter trading details: 1. First, it sold 10,000 BTC for about $789.2 million, at an average price of roughly $78,900 2. It then bought back 11,000 BTC for about $948.7 million, at an average price of roughly $86,200 3. The net increase was 1,000 BTC. As of September 30, total holdings stood at 44,000 BTC, worth about $3.8 billion The company’s official explanation: converting Bitcoin into cash and temporarily holding the proceeds was meant to demonstrate to rating agencies and bond investors that, if it ever needed to repay debt, the BTC on its books could be liquidated at any time. The debt itself was not actually repaid. As a side note, the sell-and-buyback round lifted the total cost basis of its holdings to about $4.33 billion, or an average of $98,500 per coin—already above the current price. What should we make of this? The central question hanging over treasury companies for the past two years boils down to this: everyone is happy when prices rise, but if prices fall, can you actually sell—or will you get liquidated and send the market crashing? Metaplanet effectively conducted its own stress test this time. It really did sell 10,000 BTC, so it seems to have passed the liquidity test. But don’t misread this as a bullish signal—it’s a financial maneuver, not a show of conviction. $BTC The signal worth thinking about is this: institutions are starting to treat Bitcoin as “balance-sheet firepower they can deploy,” rather than a family heirloom they can only look at but never touch. Alongside its newly announced “net interest income strategy” (allocating 10%–15% of total assets to preferred securities issued by treasury companies), the treasury model is shifting from “just hoarding coins” to “earning yield on coins.” One caveat: revenue from its covered-call leasing business was cut in half quarter over quarter, unrealized losses are out in the open, and it remains to be seen whether the interest income can cover the cost of the debt-funded Bitcoin purchases. Data as of: 2026-10-06 14:00 UTC Source: CoinDesk; Phemex News Daily For informational purposes only; not investment advice. Do you see Bitcoin as a “family heirloom to hold forever” or as “firepower that can be converted into cash when it matters”? I’ll keep following treasury company developments—follow me to stay in the loop.

Sold 10,000 Bitcoin, then bought back 11,000—Metaplanet’s third-quarter moves look like “churning,” but behind them is really an effort to reassure creditors.

On October 5, the Japanese publicly listed treasury company disclosed its third-quarter trading details:
1. First, it sold 10,000 BTC for about $789.2 million, at an average price of roughly $78,900
2. It then bought back 11,000 BTC for about $948.7 million, at an average price of roughly $86,200
3. The net increase was 1,000 BTC. As of September 30, total holdings stood at 44,000 BTC, worth about $3.8 billion

The company’s official explanation: converting Bitcoin into cash and temporarily holding the proceeds was meant to demonstrate to rating agencies and bond investors that, if it ever needed to repay debt, the BTC on its books could be liquidated at any time. The debt itself was not actually repaid. As a side note, the sell-and-buyback round lifted the total cost basis of its holdings to about $4.33 billion, or an average of $98,500 per coin—already above the current price.

What should we make of this? The central question hanging over treasury companies for the past two years boils down to this: everyone is happy when prices rise, but if prices fall, can you actually sell—or will you get liquidated and send the market crashing? Metaplanet effectively conducted its own stress test this time. It really did sell 10,000 BTC, so it seems to have passed the liquidity test. But don’t misread this as a bullish signal—it’s a financial maneuver, not a show of conviction. $BTC

The signal worth thinking about is this: institutions are starting to treat Bitcoin as “balance-sheet firepower they can deploy,” rather than a family heirloom they can only look at but never touch. Alongside its newly announced “net interest income strategy” (allocating 10%–15% of total assets to preferred securities issued by treasury companies), the treasury model is shifting from “just hoarding coins” to “earning yield on coins.” One caveat: revenue from its covered-call leasing business was cut in half quarter over quarter, unrealized losses are out in the open, and it remains to be seen whether the interest income can cover the cost of the debt-funded Bitcoin purchases.

Data as of: 2026-10-06 14:00 UTC
Source: CoinDesk; Phemex News Daily
For informational purposes only; not investment advice.

Do you see Bitcoin as a “family heirloom to hold forever” or as “firepower that can be converted into cash when it matters”? I’ll keep following treasury company developments—follow me to stay in the loop.

There’s a counterintuitive trick to Binance Alpha airdrops: the earlier you rush in, the more likely you are to get played. The official rules spell it out clearly: the airdrop eligibility threshold drops automatically. Recent rounds (XDP started at 230 points, and CYS Round 3 at 250 points) have both been first-come, first-served. If the pool isn’t fully distributed, the threshold automatically drops by 5 points every 5 minutes. People who rush in during the first minute are basically taking one for those who wait. Here’s the full claiming process in 4 steps: 1. Check your points: Open Alpha from the app homepage and view your points details. (It uses a rolling 15-day system: only the most recent 15 days count, and on Day 16, Day 1 is automatically cleared.) 2. Check the announcement: Note the points threshold and claim time. It’s first-come, first-served. 3. Claim: Tap “Claim” on the Alpha event page. Each claim costs 15 points. 4. Confirm: You must return to the event page and confirm your claim within 24 hours. If you miss the deadline, your claim is considered forfeited. Here’s my take. Alpha’s system has never been about who’s fastest; it’s about “consistent activity.” So don’t farm points recklessly: choose assets with stable prices and calculate the fees. Don’t put your principal at risk for an airdrop worth a few dozen U in a single round. If a small airdrop’s pre-market price is too low and you’re short on points, just skip it. Airdrops are only a bonus—staying in the game matters more than farming extra points. Also, always follow Binance’s official announcements for the rules. Any “claiming link” sent to you in a private message is a scam. Many Alpha assets trade on BSC, where gas is paid in $BNB. Keep a little in your wallet so you don’t have to go looking to swap for it. Have you ever claimed a Binance Alpha airdrop? How much did you make on your biggest one? #BinanceAlpha Source: Binance’s official Chinese-language announcements (Alpha airdrop rules for XDP/CYS/CT); BlockBeats news alerts Rules compiled on: 2026-10-06. Refer to Binance’s latest official announcements. For informational purposes only; not investment advice.

There’s a counterintuitive trick to Binance Alpha airdrops: the earlier you rush in, the more likely you are to get played.

The official rules spell it out clearly: the airdrop eligibility threshold drops automatically. Recent rounds (XDP started at 230 points, and CYS Round 3 at 250 points) have both been first-come, first-served. If the pool isn’t fully distributed, the threshold automatically drops by 5 points every 5 minutes. People who rush in during the first minute are basically taking one for those who wait.

Here’s the full claiming process in 4 steps:

1. Check your points: Open Alpha from the app homepage and view your points details. (It uses a rolling 15-day system: only the most recent 15 days count, and on Day 16, Day 1 is automatically cleared.)
2. Check the announcement: Note the points threshold and claim time. It’s first-come, first-served.
3. Claim: Tap “Claim” on the Alpha event page. Each claim costs 15 points.
4. Confirm: You must return to the event page and confirm your claim within 24 hours. If you miss the deadline, your claim is considered forfeited.

Here’s my take. Alpha’s system has never been about who’s fastest; it’s about “consistent activity.” So don’t farm points recklessly: choose assets with stable prices and calculate the fees. Don’t put your principal at risk for an airdrop worth a few dozen U in a single round. If a small airdrop’s pre-market price is too low and you’re short on points, just skip it. Airdrops are only a bonus—staying in the game matters more than farming extra points. Also, always follow Binance’s official announcements for the rules. Any “claiming link” sent to you in a private message is a scam.

Many Alpha assets trade on BSC, where gas is paid in $BNB . Keep a little in your wallet so you don’t have to go looking to swap for it.

Have you ever claimed a Binance Alpha airdrop? How much did you make on your biggest one?

#BinanceAlpha

Source: Binance’s official Chinese-language announcements (Alpha airdrop rules for XDP/CYS/CT); BlockBeats news alerts
Rules compiled on: 2026-10-06. Refer to Binance’s latest official announcements.
For informational purposes only; not investment advice.

On this day one year ago, Bitcoin stood at its all-time high of $126,080. Exactly one year later, it’s still hovering around $85,500—down 32% from the peak. What stings even more: U.S. spot ETFs saw net outflows of $89.9 million yesterday, ending a two-day streak of $293 million in inflows.

These figures make the ETFs’ true role crystal clear: they amplify sentiment; they’re not the market’s savior.

When money is pouring in, they chase the rally harder than anyone. But as soon as prices soften, institutions run even more decisively than retail investors—as shown by cumulative net inflows shrinking from $61.3 billion to $57.7 billion. ETFs solve the question of “Can I buy?” They’ve never solved “Do I dare hold?”

$BTC

If you really want to judge tops and bottoms, it’s better to watch spot buying and on-chain accumulation signals than ETF flow fluctuations. A barometer and a steering wheel are two very different things.

Data as of: 2026-10-06 11:30 UTC
Sources: Cointelegraph; Odaily (Wu Blockchain citing SoSoValue data)
For informational purposes only; not investment advice.

I’ll keep tracking ETF flows like this, so follow me to stay in the loop~ Do you think ETF money is buying the dip right now, or continuing to pull out?

#OneYearSinceBitcoinHitANewHigh

US stocks are asleep, but the “US stocks” on Binance never close—today’s official offer is for newcomers.

Binance launched its “New User bStocks Convert Campaign” today. It runs from 00:00 UTC on October 6 until November 2:
Tier A: After registering, convert a cumulative total of at least 50 USDC worth of bStocks. The first 4000 users will share 100 SPCXB token vouchers.
Tier B: Set up a bStocks recurring buy for the first time, complete 4 consecutive periods, and reach a cumulative total of at least 25 USDC. The first 1000 users will share another 10 vouchers.

My take:
The rewards themselves aren’t huge, but the signal is clear—Binance is making a series of moves in tokenized stocks this week. On the same day, it also announced a dividend for holders of $MRVLB $ORCLB (snapshot on October 9; dividends will automatically be reinvested in the same bStocks asset). US stock perpetual futures, Convert, recurring buys, and dividend distributions are all connected now. They’re clearly trying to draw Web2 stock investors into crypto. As liquidity in tokenized stocks picks up, volatility and arbitrage opportunities will grow too, so it’s worth getting familiar with how things work ahead of time. But don’t force trades just to farm rewards—the voucher value is small, and fees could leave you out of pocket.

Data as of: 2026-10-06 10:45 UTC
Sources: Binance Official News account; TradingView Binance News
For informational purposes only; not investment advice.

#bStocks #TokenizedUSStocks

I’ll keep following official campaigns like this—follow me so you don’t miss out～
Have you tried tokenized stocks? Let’s chat in the comments.

The $87,000 threshold is still out of reach, but both longs and shorts have already paid $194 million in tuition.

Over the past 24 hours, liquidations across the crypto market totaled about $194 million: $114 million in long positions were liquidated, and shorts weren’t spared either, with just over $80 million wiped out. A total of 64,000 traders were forced out on the same day. The largest single liquidation was a $11.85 million Binance BTCUSDT contract position—gone in one trade.

What’s striking is the price action itself: BTC fell just 0.8% to $85,938, while ETH was down only 0.3%. Nearly $200 million was liquidated amid relatively mild volatility, showing just how densely leveraged the market was—one sweep in either direction was enough to take everyone out. The Fear & Greed Index is still at 73, in the greed zone. As long as greed persists, liquidations will too.

As I mentioned in my post this morning, BTC’s triangle was converging toward its apex just below $87,000, with volatility set to pick up. And sure enough, price stalled just below the 30-day high of $87,396. The first support below is the SMA20 at $83,391 (market data compiled by BlockTempo). A breakdown hasn’t happened, so the trend hasn’t turned weak—but with greed this high and leverage this heavy, be careful: chasing either longs or shorts could leave you getting hit from both sides.

Data as of: 2026-10-06 10:00 UTC
Source: BlockTempo (CoinGlass data); ₿Proud Market Daily (video is an AI-generated illustrative visualization)
For informational purposes only; not investment advice.

Did you get swept up in this move? Are you still holding an open position? Share in the comments.
I’ll keep tracking data like this—follow me so you don’t miss out.

$BTC $ETH #Bitcoin

For years, U.S. regulators wouldn’t allow perpetual contracts. Now, they’ve unexpectedly opened the door a crack. On October 3, the CFTC’s Market Oversight Division issued a no-action letter allowing registered U.S. exchanges (such as Coinbase Derivatives) to remove expiration dates from existing “perpetual-style” broad-based securities index futures, turning them into actual perpetual contracts. The announcement was made on October 5. A few key points: 1. This isn’t a blanket green light: It applies only to “perpetual-style” futures tied to broad-based securities indices. Exchanges must first consult traders with open positions, provide advance notice and give them a chance to exit. No other contract terms may be changed. 2. The change came after Coinbase Derivatives applied on October 1 for an exemption from the 10-business-day waiting period. 3. The exemption letter has an expiration date: October 20, 2026. What does this mean? Perpetual contracts account for around 80% of global crypto derivatives trading volume. Until now, U.S. users have generally had to go to overseas platforms to trade them. The CFTC has now opened a narrow path within the existing framework. We won’t see a wave of U.S. perpetual exchanges appear overnight, but the direction is clear: regulators are gradually drawing this highly lucrative segment of the derivatives market back from overseas. For those trading $BTC $ETH perpetuals, the short-term impact will be limited, but in the long run, the liquidity landscape and funding rates could both be repriced by regulated capital. Also note that this letter expires on October 20, making it a temporary opening. Whether it becomes permanent and whether its scope expands are the real things to watch. Data as of: 2026-10-06 09:15 UTC Source: CFTC official press release (PressRelease/9308-26); CryptoCompass report For informational purposes only; not investment advice. I’ll keep following regulatory developments like this. Follow me to stay in the loop. Do you think fees on overseas exchanges will be forced down once regulated U.S. perpetuals become widely available? #CFTCPerpetualContracts $BTC $ETH

For years, U.S. regulators wouldn’t allow perpetual contracts. Now, they’ve unexpectedly opened the door a crack.

On October 3, the CFTC’s Market Oversight Division issued a no-action letter allowing registered U.S. exchanges (such as Coinbase Derivatives) to remove expiration dates from existing “perpetual-style” broad-based securities index futures, turning them into actual perpetual contracts. The announcement was made on October 5.

A few key points:
1. This isn’t a blanket green light: It applies only to “perpetual-style” futures tied to broad-based securities indices. Exchanges must first consult traders with open positions, provide advance notice and give them a chance to exit. No other contract terms may be changed.
2. The change came after Coinbase Derivatives applied on October 1 for an exemption from the 10-business-day waiting period.
3. The exemption letter has an expiration date: October 20, 2026.

What does this mean? Perpetual contracts account for around 80% of global crypto derivatives trading volume. Until now, U.S. users have generally had to go to overseas platforms to trade them. The CFTC has now opened a narrow path within the existing framework. We won’t see a wave of U.S. perpetual exchanges appear overnight, but the direction is clear: regulators are gradually drawing this highly lucrative segment of the derivatives market back from overseas. For those trading $BTC $ETH perpetuals, the short-term impact will be limited, but in the long run, the liquidity landscape and funding rates could both be repriced by regulated capital. Also note that this letter expires on October 20, making it a temporary opening. Whether it becomes permanent and whether its scope expands are the real things to watch.

Data as of: 2026-10-06 09:15 UTC
Source: CFTC official press release (PressRelease/9308-26); CryptoCompass report
For informational purposes only; not investment advice.

I’ll keep following regulatory developments like this. Follow me to stay in the loop.
Do you think fees on overseas exchanges will be forced down once regulated U.S. perpetuals become widely available?

#CFTCPerpetualContracts
$BTC $ETH

Watch the market every day and still lose money? You may never have tapped Binance’s “Copy Trading” button For office workers who can’t draw chart lines and don’t want to watch the market all day: Binance Copy Trading automatically copies the trades of the lead trader you choose. When they buy, you buy; when they sell, you sell. Most lead traders focus on futures and spot markets for highly liquid assets such as $BTC and $ETH . Lead traders only receive a share of your profits, so they earn nothing if you lose. That means both sides’ interests are aligned. Get started in four steps: 1. Find the feature: On the App homepage, tap → (there’s also an entry at the top of the Futures page). On the website, go to the homepage →. Then choose “Futures Copy Trading” or “Spot Copy Trading.” 2. Choose a lead trader: Set the time period to 90 days to assess long-term consistency, and don’t be swayed by short-term gains. The default ranking is by Sharpe ratio; a score above 2 indicates decent risk-adjusted returns. Also check the maximum drawdown, number of copy traders, and assets under management. Open their profile and review their historical positions. In particular, avoid traders whose returns look great but whose copy traders have lost money overall. 3. Set your parameters: Choose proportional copying (placing trades in proportion to the lead trader’s) or fixed-amount copying (using a fixed amount for each trade). Enter your total copy-trading amount (if your balance is insufficient, transfer funds first). It’s recommended to set an overall stop-loss of 20%–30% as a safety net for extreme market conditions. Review the profit-sharing ratio and agreement, then confirm. 4. After copying starts: Check your positions and transaction history in real time on the Copy Trading page. You can add or reduce funds, change settings, or stop copying at any time with one tap. A reality check: Copy trading solves the problem of “not knowing how to place trades,” not “not losing money.” Review the lead trader’s performance over the past three months yourself; traders who make huge short-term gains often have large drawdowns too. The Sharpe ratio and maximum drawdown are ten times more important than the return figure. Always set an overall stop-loss—it’s the only risk control you truly have when copy trading. Start with a small amount, and don’t put your entire portfolio in one person’s hands. Source: Compiled and adapted from publicly available tutorials (the steps may vary depending on the current Binance App/website interface). For informational purposes only; this is not investment advice. #CopyTrading I’ll keep sharing practical tutorials like this, so follow me to stay in the loop. Would you hand over the power to place trades to a stranger and let them be copied?

Verified

Tonight at 17:00: Binance Futures lists a new contract every 5 minutes—even McDonald’s now has 20x perpetuals

Binance Futures is launching four new USDT-margined perpetual contracts on TradFi U.S. stocks tonight, with up to 20x leverage. The listing schedule is clear:

17:00 USDEXUSDT — StablecoinX (Nasdaq: USDE)
17:05 VKTXUSDT — Viking Therapeutics (Nasdaq: VKTX)
17:10 MCDUSDT — McDonald’s (NYSE: MCD)
17:15 AKAMUSDT — Akamai (Nasdaq: AKAM)

Perpetuals have no expiry date and settle via funding rates. At 20x leverage, a move of around 5% against your position could get you liquidated. Newly listed contracts are usually most volatile in the half hour around launch, so if you’re planning to trade, think through your position size and stop-loss first.

The takeaway: Binance is bringing more of the stock exchange business under its own roof. From spot stocks and tokenized securities to stock perpetuals and physically settled options, now even McDonald’s contracts are available directly in the Binance app. The 24/7 liquidity of crypto exchanges is starting to eat into the traditional brokerage market. As the trading experience for U.S. stocks and crypto comes together in a single account, moving funds between the two is only getting easier. For $BNB , this adds another piece to the utility puzzle. Convenience aside, leverage is a magnifying glass, not a money printer. Watch the first half hour after launch before rushing in.

Data as of: 2026-10-06 08:30 UTC
Source: PANews; BBX Flash News
For informational purposes only; not investment advice.

Will you be watching the launch tonight? Which of these four are you most interested in?

#美股永续 $BNB $USDT

Watch the market every day and still lose money? You may never have tapped Binance’s “Copy Trading” button

For office workers who can’t draw chart lines and don’t want to watch the market all day: Binance Copy Trading automatically copies the trades of the lead trader you choose. When they buy, you buy; when they sell, you sell. Most lead traders focus on futures and spot markets for highly liquid assets such as $BTC and $ETH . Lead traders only receive a share of your profits, so they earn nothing if you lose. That means both sides’ interests are aligned.

Get started in four steps:

1. Find the feature: On the App homepage, tap → (there’s also an entry at the top of the Futures page). On the website, go to the homepage →. Then choose “Futures Copy Trading” or “Spot Copy Trading.”
2. Choose a lead trader: Set the time period to 90 days to assess long-term consistency, and don’t be swayed by short-term gains. The default ranking is by Sharpe ratio; a score above 2 indicates decent risk-adjusted returns. Also check the maximum drawdown, number of copy traders, and assets under management. Open their profile and review their historical positions. In particular, avoid traders whose returns look great but whose copy traders have lost money overall.
3. Set your parameters: Choose proportional copying (placing trades in proportion to the lead trader’s) or fixed-amount copying (using a fixed amount for each trade). Enter your total copy-trading amount (if your balance is insufficient, transfer funds first). It’s recommended to set an overall stop-loss of 20%–30% as a safety net for extreme market conditions. Review the profit-sharing ratio and agreement, then confirm.
4. After copying starts: Check your positions and transaction history in real time on the Copy Trading page. You can add or reduce funds, change settings, or stop copying at any time with one tap.

A reality check: Copy trading solves the problem of “not knowing how to place trades,” not “not losing money.” Review the lead trader’s performance over the past three months yourself; traders who make huge short-term gains often have large drawdowns too. The Sharpe ratio and maximum drawdown are ten times more important than the return figure. Always set an overall stop-loss—it’s the only risk control you truly have when copy trading. Start with a small amount, and don’t put your entire portfolio in one person’s hands.

Source: Compiled and adapted from publicly available tutorials (the steps may vary depending on the current Binance App/website interface).
For informational purposes only; this is not investment advice.

#CopyTrading

I’ll keep sharing practical tutorials like this, so follow me to stay in the loop. Would you hand over the power to place trades to a stranger and let them be copied?

Institutional funds poured in $2.39 billion, yet BTC fell 2.3% over the week. From September 21–25, U.S. spot Bitcoin ETFs saw weekly net inflows of $2.386 billion, setting a new record for 2026. Nearly $1 billion came in on September 21 alone, with IBIT accounting for $381 million. Total inflows for the third quarter reached about $6.34 billion, wiping out all of the year’s previous net outflows—which had topped $5 billion at one point—and turning year-to-date flows positive for the first time. Yet during that same week, BTC briefly fell to around $82,900 and ended the week down 2.3%. These conflicting figures point to one thing: ETF money is now providing a “floor,” not pushing prices to a “ceiling.” Inflows were strongest while prices were in the $82,000–$85,000 range, but buyers stopped stepping in as BTC approached and moved above $85,500. Institutions are building positions on dips, not chasing prices higher—the distinction is clear. One more detail to keep in mind: not all inflows reflect genuine bullish sentiment. CoinShares’ head of research previously noted that some of the money is tied to basis trades—buying spot ETFs while shorting futures to profit from the spread, rather than to express a directional view. So ETF inflow figures should be taken with a grain of salt; to gauge the real directional signal, you also need to see whether price and trading volume confirm it. There was another striking change in the third quarter: IBIT captured about 80% of total quarterly inflows, while GBTC continued to see outflows of around $757 million. Money is becoming increasingly concentrated in the product with the lowest fees and best liquidity. The so-called “ETF boom” is essentially an IBIT boom. October got off to a good start, with $102.7 million flowing back in on October 1. But the real tests are twofold: can BTC break through the dense cost-basis zone above $87,300, and what will the FOMC’s October 28 rate decision bring? I’ll keep tracking these fund flows. Follow me to stay in the loop. Do you think ETF money right now is “exit liquidity” or “smart money”? $BTC #ETFfundflows Data as of: 2026-10-06 06:30 UTC Sources: TradingNEWS (compiled from SoSoValue / Farside); SpottedCrypto (compiled from Farside) For informational purposes only; not investment advice.

Institutional funds poured in $2.39 billion, yet BTC fell 2.3% over the week.

From September 21–25, U.S. spot Bitcoin ETFs saw weekly net inflows of $2.386 billion, setting a new record for 2026. Nearly $1 billion came in on September 21 alone, with IBIT accounting for $381 million. Total inflows for the third quarter reached about $6.34 billion, wiping out all of the year’s previous net outflows—which had topped $5 billion at one point—and turning year-to-date flows positive for the first time.

Yet during that same week, BTC briefly fell to around $82,900 and ended the week down 2.3%.

These conflicting figures point to one thing: ETF money is now providing a “floor,” not pushing prices to a “ceiling.” Inflows were strongest while prices were in the $82,000–$85,000 range, but buyers stopped stepping in as BTC approached and moved above $85,500. Institutions are building positions on dips, not chasing prices higher—the distinction is clear.

One more detail to keep in mind: not all inflows reflect genuine bullish sentiment. CoinShares’ head of research previously noted that some of the money is tied to basis trades—buying spot ETFs while shorting futures to profit from the spread, rather than to express a directional view. So ETF inflow figures should be taken with a grain of salt; to gauge the real directional signal, you also need to see whether price and trading volume confirm it.

There was another striking change in the third quarter: IBIT captured about 80% of total quarterly inflows, while GBTC continued to see outflows of around $757 million. Money is becoming increasingly concentrated in the product with the lowest fees and best liquidity. The so-called “ETF boom” is essentially an IBIT boom.

October got off to a good start, with $102.7 million flowing back in on October 1. But the real tests are twofold: can BTC break through the dense cost-basis zone above $87,300, and what will the FOMC’s October 28 rate decision bring?

I’ll keep tracking these fund flows. Follow me to stay in the loop. Do you think ETF money right now is “exit liquidity” or “smart money”?

$BTC #ETFfundflows

Data as of: 2026-10-06 06:30 UTC
Sources: TradingNEWS (compiled from SoSoValue / Farside); SpottedCrypto (compiled from Farside)
For informational purposes only; not investment advice.

The Nasdaq hit a new all-time high, but BTC was turned back at the $87,000 mark for the third time. Since September 23, BTC has climbed above $87,000 three times, only to be slapped back down by sellers each time. It fell 1.2% during today’s Asian session, returning to around $85,600. ETH followed suit, dropping to around $2,717; XRP and SOL were also down about 1%, while BNB fared worst, falling 2.5%. ADA, on the other hand, bucked the trend and gained 11%. What’s going on: This rally has played out in a pretty counterintuitive way. Last week’s unexpectedly weak nonfarm payrolls report (29,000 new jobs, far below the expected 84,000) fueled expectations of “no rate hike in October” and sent BTC up to $87,000. But once the good news was priced in, selling pressure actually intensified. FxPro analysts pointed to the technical picture: BTC is nearing the apex of a triangle, with support rising steadily from below while the $87,000 ceiling remains firmly in place. “The closer it gets to the apex, the more volatile it becomes.” So a third rejection isn’t necessarily a bad sign: the low of each pullback by the bulls has been higher than the last, and each test uses up more of the sell orders above $87,000. But chasing the price before it holds above that level is like providing liquidity to trapped holders looking to sell. Three scenarios + triggers: 1. Break above $87,000 on high volume: Sell orders are exhausted; look for an 8-month high. Trigger = daily close holding above the level + increased trading volume. 2. Continued consolidation: Range-bound between $85,000 and $87,000 while the market waits for direction from the FOMC minutes at 2 a.m. on October 8. 3. Break below rising support: Watch for a retest of $84,000. Trigger = daily close below the line connecting recent lows. $BTC $ETH #BitcoinMakesThirdAttemptAt87000 Data as of: 2026-10-06 06:30 UTC Sources: CoinDesk, “BTC, ETH, SOL price news”; ChosunBiz For informational purposes only; not investment advice. Are you betting it breaks $90,000 first, or retests $84,000?

The Nasdaq hit a new all-time high, but BTC was turned back at the $87,000 mark for the third time.

Since September 23, BTC has climbed above $87,000 three times, only to be slapped back down by sellers each time. It fell 1.2% during today’s Asian session, returning to around $85,600. ETH followed suit, dropping to around $2,717; XRP and SOL were also down about 1%, while BNB fared worst, falling 2.5%. ADA, on the other hand, bucked the trend and gained 11%.

What’s going on: This rally has played out in a pretty counterintuitive way. Last week’s unexpectedly weak nonfarm payrolls report (29,000 new jobs, far below the expected 84,000) fueled expectations of “no rate hike in October” and sent BTC up to $87,000. But once the good news was priced in, selling pressure actually intensified. FxPro analysts pointed to the technical picture: BTC is nearing the apex of a triangle, with support rising steadily from below while the $87,000 ceiling remains firmly in place. “The closer it gets to the apex, the more volatile it becomes.” So a third rejection isn’t necessarily a bad sign: the low of each pullback by the bulls has been higher than the last, and each test uses up more of the sell orders above $87,000. But chasing the price before it holds above that level is like providing liquidity to trapped holders looking to sell.

Three scenarios + triggers:
1. Break above $87,000 on high volume: Sell orders are exhausted; look for an 8-month high. Trigger = daily close holding above the level + increased trading volume.
2. Continued consolidation: Range-bound between $85,000 and $87,000 while the market waits for direction from the FOMC minutes at 2 a.m. on October 8.
3. Break below rising support: Watch for a retest of $84,000. Trigger = daily close below the line connecting recent lows.

$BTC $ETH
#BitcoinMakesThirdAttemptAt87000

Data as of: 2026-10-06 06:30 UTC
Sources: CoinDesk, “BTC, ETH, SOL price news”; ChosunBiz
For informational purposes only; not investment advice.

Are you betting it breaks $90,000 first, or retests $84,000?

Morgan Stanley quietly added to its position again this morning, while you’re still sitting on the sidelines, unsure what to do?

On-chain monitoring shows that Morgan Stanley once again withdrew around 28 BTC from Coinbase Prime this morning through its spot Bitcoin ETF (MSBT), bringing the value of its total Bitcoin holdings to over $900 million.

What’s interesting isn’t the odd 28 BTC—it’s the pace. On September 25, it withdrew more than 1,100 BTC in a single transaction, and its holdings successively crossed the 9,000 and 10,000 BTC milestones. Over the past two weeks, as BTC climbed toward $87,000, it wasn’t chasing the rally; it kept adding in batches, as if buying more were part of a regular routine.

My take is that this “buying on the way up and on the way down” approach reveals institutions’ true mindset: they’re not betting on whether BTC can break above $87,000 in the short term; they’re treating it as a long-term allocation. Retail investors tend to wait for the “perfect moment” and go all in, while institutions accumulate gradually, much like with dollar-cost averaging. We may not have their capital, but we can learn from their patience. With Uptober off to a strong start and spot ETFs continuing to see net inflows, it’s better to make a position plan first than to let emotions push you into chasing prices.

#InstitutionalBitcoinBuying
$BTC

Data as of: 2026-10-06 05:00 UTC
Sources: PANews; ChainCatcher
For informational purposes only; not investment advice.

Would you choose to add gradually like institutions, or would you rather wait for a major pullback and buy all at once?
I’ll keep tracking institutional holdings data like this—follow me to stay in the loop.

BTC has been grinding around $86,000 for several days, but options market money is heading somewhere else: someone has put $2 billion on it rising to $95,000 by the end of October. Among BTC options expiring October 30 on Deribit, the $95,000 strike call options have open interest of more than 23,000 BTC, with a notional value of about $2 billion—the largest open-interest position in the market. The 90K and 100K calls also have open interest of about 18,000 and 13,000 BTC respectively, with bullish positions clustered in the $85,000–$100,000 range. The interesting part is the structure: the call wall keeps growing, but Max Pain for this expiry is only $76,000—that is, the price at which options buyers would lose the most, a full $10,000 below the current price. Sellers have an incentive to steer the price toward Max Pain as expiration approaches, which is also why prices can get “pinned” during expiration week. There’s also a $3.2 million butterfly spread trade dated September 22, making a precise bet that the October 30 settlement price will land “right around” $95,000. If it settles too high or too low, the trade only loses the premium. It’s an institutional-style precision play, not an all-in bullish bet. My take: This $2 billion isn’t a guarantee that “$95,000 is a sure thing”—it’s a vote showing institutions haven’t given up on the October rally. Calls clustered in the $85K–$100K range suggest big money sees this move as “preparing for a breakout,” not “sell the bounce.” But here’s a dose of cold water: call buyers and sellers each have their own path to profit, and Max Pain at $76,000 means spot could be more likely to stay range-bound as expiration nears. The time value of longer-dated calls will also decay faster as expiration approaches. A more practical approach is to watch the period around the October 30 expiry: the call wall near $90,000 is the first major test of resistance. Do you think the options market got this bet right? I’ll keep tracking data like this—follow me so you don’t miss out. $BTC Data as of: 2026-10-06 05:00 UTC Sources: CoinDesk; Blockchain.News (Farside data) For informational purposes only; not investment advice.

BTC has been grinding around $86,000 for several days, but options market money is heading somewhere else: someone has put $2 billion on it rising to $95,000 by the end of October.

Among BTC options expiring October 30 on Deribit, the $95,000 strike call options have open interest of more than 23,000 BTC, with a notional value of about $2 billion—the largest open-interest position in the market. The 90K and 100K calls also have open interest of about 18,000 and 13,000 BTC respectively, with bullish positions clustered in the $85,000–$100,000 range.

The interesting part is the structure: the call wall keeps growing, but Max Pain for this expiry is only $76,000—that is, the price at which options buyers would lose the most, a full $10,000 below the current price. Sellers have an incentive to steer the price toward Max Pain as expiration approaches, which is also why prices can get “pinned” during expiration week.

There’s also a $3.2 million butterfly spread trade dated September 22, making a precise bet that the October 30 settlement price will land “right around” $95,000. If it settles too high or too low, the trade only loses the premium. It’s an institutional-style precision play, not an all-in bullish bet.

My take: This $2 billion isn’t a guarantee that “$95,000 is a sure thing”—it’s a vote showing institutions haven’t given up on the October rally. Calls clustered in the $85K–$100K range suggest big money sees this move as “preparing for a breakout,” not “sell the bounce.” But here’s a dose of cold water: call buyers and sellers each have their own path to profit, and Max Pain at $76,000 means spot could be more likely to stay range-bound as expiration nears. The time value of longer-dated calls will also decay faster as expiration approaches. A more practical approach is to watch the period around the October 30 expiry: the call wall near $90,000 is the first major test of resistance.

Do you think the options market got this bet right? I’ll keep tracking data like this—follow me so you don’t miss out.

$BTC

Data as of: 2026-10-06 05:00 UTC
Sources: CoinDesk; Blockchain.News (Farside data)
For informational purposes only; not investment advice.

The week before, institutions piled another $690 million into ETH. Last week, they turned around and net-sold $138 million. Meanwhile, BTC spot ETFs saw inflows of $241 million, marking their third consecutive week of net inflows. The same institutions completely flipped their stance on the two largest assets in just one week—this isn’t “being bullish on crypto”; it’s “BTC only.” Let’s lay out the data first (SoSoValue weekly figures): 1. BTC ETFs saw $241 million in net inflows last week, their third straight week of inflows. The previous two weeks were +$2.4 billion and +$6.2 million, respectively. Cumulative net inflows stand at $57.8 billion, with about $1.2 billion year to date. 2. ETH ETFs saw $138 million in net outflows last week, after a massive $690 million inflow the week before. In just one week, they went from buyers to sellers. 3. Smaller players: Zcash funds recorded their first-ever weekly outflow (about $94 million); SOL and XRP ETFs continued to attract modest inflows of $2.4 million and $4.7 million, respectively. 4. At the time of writing, BTC was around $86,200 (up 3.7% for the week) and ETH around $2,727 (up 3% for the week). The Fear & Greed Index was at 70—still in greed territory, but down from 74. How to read this: 1. Capital is making a “relative value” choice, not betting on a broad bull market. The FOMC minutes are due out early on October 8, and the 10-year Treasury yield remains elevated above 5%. Institutions aren’t willing to bet on high-beta assets, so they’re buying BTC as “crypto Treasuries.” 2. ETH is in an awkward spot: its price rose 3%, but money flowed out—a classic case of profit-taking after last week’s large inflows. For ETH to attract ETF money again, it first needs to put in a rally of its own. 3. Don’t let “three straight weeks of inflows” get you carried away: BTC ETFs attracted $2.4 billion the week before, so this week’s $241 million is a major cooldown. Consecutive inflows provide a floor; they don’t necessarily drive prices up. 4. A little-known fact: CoinShares has pointed out that some IBIT buying comes from the long leg of basis-trade hedges, rather than from outright bullish bets. ETF net inflows may look impressive, but they can be “padded.” I track these ETF flow recaps every week—follow me so you don’t miss them. Where do you think institutional money will lean in Q4: BTC or ETH? $BTC $ETH #ETFFundFlows Data as of: 2026-10-05 UTC (SoSoValue weekly data, covering the week through October 3) Sources: Cointelegraph; HedgeCo Insights For informational purposes only; not investment advice.

The week before, institutions piled another $690 million into ETH. Last week, they turned around and net-sold $138 million.

Meanwhile, BTC spot ETFs saw inflows of $241 million, marking their third consecutive week of net inflows.

The same institutions completely flipped their stance on the two largest assets in just one week—this isn’t “being bullish on crypto”; it’s “BTC only.”

Let’s lay out the data first (SoSoValue weekly figures):
1. BTC ETFs saw $241 million in net inflows last week, their third straight week of inflows. The previous two weeks were +$2.4 billion and +$6.2 million, respectively. Cumulative net inflows stand at $57.8 billion, with about $1.2 billion year to date.
2. ETH ETFs saw $138 million in net outflows last week, after a massive $690 million inflow the week before. In just one week, they went from buyers to sellers.
3. Smaller players: Zcash funds recorded their first-ever weekly outflow (about $94 million); SOL and XRP ETFs continued to attract modest inflows of $2.4 million and $4.7 million, respectively.
4. At the time of writing, BTC was around $86,200 (up 3.7% for the week) and ETH around $2,727 (up 3% for the week). The Fear & Greed Index was at 70—still in greed territory, but down from 74.

How to read this:
1. Capital is making a “relative value” choice, not betting on a broad bull market. The FOMC minutes are due out early on October 8, and the 10-year Treasury yield remains elevated above 5%. Institutions aren’t willing to bet on high-beta assets, so they’re buying BTC as “crypto Treasuries.”
2. ETH is in an awkward spot: its price rose 3%, but money flowed out—a classic case of profit-taking after last week’s large inflows. For ETH to attract ETF money again, it first needs to put in a rally of its own.
3. Don’t let “three straight weeks of inflows” get you carried away: BTC ETFs attracted $2.4 billion the week before, so this week’s $241 million is a major cooldown. Consecutive inflows provide a floor; they don’t necessarily drive prices up.
4. A little-known fact: CoinShares has pointed out that some IBIT buying comes from the long leg of basis-trade hedges, rather than from outright bullish bets. ETF net inflows may look impressive, but they can be “padded.”

I track these ETF flow recaps every week—follow me so you don’t miss them. Where do you think institutional money will lean in Q4: BTC or ETH?

$BTC $ETH
#ETFFundFlows

Data as of: 2026-10-05 UTC (SoSoValue weekly data, covering the week through October 3)
Sources: Cointelegraph; HedgeCo Insights
For informational purposes only; not investment advice.

Losing money on a perpetual contract even when the market isn’t moving against you—but still getting quietly charged every day? The likely culprit: funding rates. A lot of beginners are confused the first time they trade perpetual contracts: They haven’t even placed a trade, yet the USDT in their account keeps shrinking. It’s not a system bug—you’re paying your counterparty “protection money.” ① What is a funding rate? Perpetual contracts have no expiry date, so their prices can easily drift away from spot prices. Exchanges introduced funding rates to pull contract prices toward spot prices— essentially, it’s a balancing payment exchanged between longs and shorts. The exchange itself doesn’t take a cut. ② Who pays whom? It depends on whether the rate is positive or negative. Positive rate (+): The market is overcrowded with bullish traders, so longs pay shorts. Negative rate (-): The market is overcrowded with bearish traders, so shorts pay longs. Remember: the money you pay goes straight into your counterparty’s pocket. ③ How often is it charged? Binance settles every 8 hours by default: UTC 00:00, 08:00, and 16:00—that is, 08:00, 16:00, and 00:00 Beijing time. Binance reserves the right to adjust this based on market conditions. In January 2026, for example, some contracts such as XAUUSDT were switched from 4-hour to 8-hour settlement intervals. ④ How much is charged each time? Funding fee = Notional value × Funding rate. For example, if you open a $10,000 BTCUSDT perpetual long position and the rate is 0.01%, you’ll be charged $1 per settlement. It may not seem like much, but in a raging bull market, rates can stay elevated for a long time, with three settlements a day. The hidden cost of holding long positions for the long term can eat into a lot of your profits. ⑤ Where to check it, and how to save You can see the current rate and countdown to the next settlement at the top of the futures trading interface. You can also go to Futures Settings → Notification Settings and turn on funding fee alerts. Don’t want to pay? Either avoid holding positions around settlement times, or trade quarterly delivery contracts instead—they don’t have funding fees. The same rules apply to USDT-margined ETH and BNB contracts. My take: Funding rates are actually the most honest sentiment indicator in the entire market. If the rate stays positive and keeps rising, it means longs are getting dangerously crowded. Chasing the rally at that point is like catching the falling knife while paying the shorts’ salary. Conversely, a negative funding rate is often one sign that panic is nearing its end. Trading contracts without understanding funding rates is like paying a toll blindfolded. Contracts use leverage and carry extremely high risks. Trade within your means. Source: Binance Academy, “Introduction to Funding Rates”; Wu Blockchain (via Sina Finance), report on Binance adjusting funding settlement intervals for certain contracts. For informational purposes only; this is not investment advice. $BTC $ETH $BNB #FuturesTrading When did you first realize you were being charged a funding fee? Share in the comments. I’ll keep posting practical tips like this, so follow me and stay in the loop 👀

Losing money on a perpetual contract even when the market isn’t moving against you—but still getting quietly charged every day?
The likely culprit: funding rates.

A lot of beginners are confused the first time they trade perpetual contracts:
They haven’t even placed a trade, yet the USDT in their account keeps shrinking.
It’s not a system bug—you’re paying your counterparty “protection money.”

① What is a funding rate?
Perpetual contracts have no expiry date, so their prices can easily drift away from spot prices.
Exchanges introduced funding rates to pull contract prices toward spot prices—
essentially, it’s a balancing payment exchanged between longs and shorts. The exchange itself doesn’t take a cut.

② Who pays whom? It depends on whether the rate is positive or negative.
Positive rate (+): The market is overcrowded with bullish traders, so longs pay shorts.
Negative rate (-): The market is overcrowded with bearish traders, so shorts pay longs.
Remember: the money you pay goes straight into your counterparty’s pocket.

③ How often is it charged?
Binance settles every 8 hours by default:
UTC 00:00, 08:00, and 16:00—that is, 08:00, 16:00, and 00:00 Beijing time.
Binance reserves the right to adjust this based on market conditions. In January 2026, for example, some contracts such as XAUUSDT were switched from 4-hour to 8-hour settlement intervals.

④ How much is charged each time?
Funding fee = Notional value × Funding rate.
For example, if you open a $10,000 BTCUSDT perpetual long position and the rate is 0.01%, you’ll be charged $1 per settlement.
It may not seem like much, but in a raging bull market, rates can stay elevated for a long time, with three settlements a day.
The hidden cost of holding long positions for the long term can eat into a lot of your profits.

⑤ Where to check it, and how to save
You can see the current rate and countdown to the next settlement at the top of the futures trading interface.
You can also go to Futures Settings → Notification Settings and turn on funding fee alerts.
Don’t want to pay? Either avoid holding positions around settlement times,
or trade quarterly delivery contracts instead—they don’t have funding fees.
The same rules apply to USDT-margined ETH and BNB contracts.

My take:
Funding rates are actually the most honest sentiment indicator in the entire market.
If the rate stays positive and keeps rising, it means longs are getting dangerously crowded.
Chasing the rally at that point is like catching the falling knife while paying the shorts’ salary.
Conversely, a negative funding rate is often one sign that panic is nearing its end.
Trading contracts without understanding funding rates is like paying a toll blindfolded.

Contracts use leverage and carry extremely high risks. Trade within your means.
Source: Binance Academy, “Introduction to Funding Rates”; Wu Blockchain (via Sina Finance), report on Binance adjusting funding settlement intervals for certain contracts.
For informational purposes only; this is not investment advice.

$BTC $ETH $BNB
#FuturesTrading

When did you first realize you were being charged a funding fee? Share in the comments.
I’ll keep posting practical tips like this, so follow me and stay in the loop 👀

CZ admitted it himself: that “Every dip is an opportunity” line was just a lucky guess 😅 On September 16, with BTC hovering around $75,800, he posted his daily message: “Every dip is an opportunity.” After that, BTC climbed all the way to nearly $87,000, hitting an almost eight-month high. The community dug up the post and started calling it a “prophecy,” but CZ himself poured cold water on that: “Just a coincidence. I’m right only slightly more than 50% of the time, because I’m always bullish.” What do I make of that? I think that one line is worth more than a hundred “genius predictions.” People in this space are always posting screenshots of their “perfectly timed buys,” but the truth is, most “prophecies” are just survivorship bias. If you’re always bullish, it’s only natural to get lucky a few times. What really matters isn’t “guessing right”—it’s having your position in place before you do. Two takeaways: 1. Don’t chase “genius predictions”; look for consistency. If someone is always bullish, it’s normal for them to be right half the time. Don’t mistake one lucky guess for skill. 2. Turn “dips are opportunities” into a discipline: plan for both rises and falls, buy in stages, and don’t use high leverage in a choppy market. That way, you’ll be ready when an opportunity comes along. The data is pointing the same way: spot BTC ETFs saw net inflows of 1,918 BTC in a single day (about $164 million), and institutions are still adding to their positions. But in the short term, BTC failed twice to break above the late-September high and pulled back after its latest spike. Volatility is still here, so both the opportunities and the risks are real. Data as of: 2026-10-06 01:30 UTC Source: PANews; CZ’s original post on X For informational purposes only; not investment advice. $BTC Have you ever bought a coin because of something someone said? How did it turn out? I’ll keep sharing posts like this—follow me to catch the next one.

CZ admitted it himself: that “Every dip is an opportunity” line was just a lucky guess 😅

On September 16, with BTC hovering around $75,800, he posted his daily message: “Every dip is an opportunity.”
After that, BTC climbed all the way to nearly $87,000, hitting an almost eight-month high. The community dug up the post and started calling it a “prophecy,” but CZ himself poured cold water on that:

“Just a coincidence. I’m right only slightly more than 50% of the time, because I’m always bullish.”

What do I make of that? I think that one line is worth more than a hundred “genius predictions.”

People in this space are always posting screenshots of their “perfectly timed buys,” but the truth is, most “prophecies” are just survivorship bias. If you’re always bullish, it’s only natural to get lucky a few times. What really matters isn’t “guessing right”—it’s having your position in place before you do.

Two takeaways:
1. Don’t chase “genius predictions”; look for consistency. If someone is always bullish, it’s normal for them to be right half the time. Don’t mistake one lucky guess for skill.
2. Turn “dips are opportunities” into a discipline: plan for both rises and falls, buy in stages, and don’t use high leverage in a choppy market. That way, you’ll be ready when an opportunity comes along.

The data is pointing the same way: spot BTC ETFs saw net inflows of 1,918 BTC in a single day (about $164 million), and institutions are still adding to their positions. But in the short term, BTC failed twice to break above the late-September high and pulled back after its latest spike. Volatility is still here, so both the opportunities and the risks are real.

Data as of: 2026-10-06 01:30 UTC
Source: PANews; CZ’s original post on X
For informational purposes only; not investment advice.

$BTC

Have you ever bought a coin because of something someone said? How did it turn out? I’ll keep sharing posts like this—follow me to catch the next one.