Why Do Spot Prices and Contract Prices Trade at a Premium or Discount?

Sometimes, you may notice that the BTC spot price and perpetual contract price are not exactly the same.

When the contract price is higher than the spot price, it is generally called a premium; when the contract price is lower than the spot price, it is generally called a discount.

Why does this happen?

Some believe that a premium means the market is bullish, while a discount means the market is bearish.

But the reality is much more complex.

Price differences between spot and contracts not only reflect market sentimen

Machi Big Brother went through a brutal liquidation this morning. His $ETH long position worth $1.16 million was forcibly liquidated by the system during a sharp market drop, resulting in a net loss of $60,000. After the liquidation, he quickly sold three Bored Apes for 17.2 ETH (about $36,800), then withdrew 100 ETH (about $213,000) from Coinbase to replenish his ammunition. He then sold ETH, transferred 53,000 USDC to Hyperliquid, and immediately opened a new $ETH long position worth $1.48 million—continuing to bet on a rise. $BTC $ZEC

Risk warning: The above is only tracking of on-chai

🔥 TRON WIDENS GAP WITH ETHEREUM, LEADS USDT RACE
TRON continues to increase its influence in the stablecoin market. USDT supply on the $TRX network has reached around $93 billion, far exceeding the $68 billion on $ETH.
Notably, the gap between the two ecosystems has reached $25 billion, marking an all-time high.
🔹 Low fees, fast speeds: TRON continues to attract USDT flows thanks to its low transaction fees and efficient processing speeds.
🔹 Ethereum still plays a major role in DeFi: However, USDT flows are gradually expanding to other blockchains, with TRON standing out the most.
🔹 TRON

November 9, 2026 (Monday) SOL Futures Strategy for Today (based on the current range of approximately $86–$88)
Core View (Bearish; Caution on Bounces)
SOL has pulled back from above $95 to around $87, facing clear near-term pressure. Watch for liquidity changes at Monday’s open. Prioritize shorting if a bounce meets resistance, or consider going long only after a retest of lower support. Keep positions light.
Specific Strategy Directions
1. Short the Bounce (Primary Strategy)
• Watch range: $89–$92 (or near $93)
• Entry reference: If SOL bounces to around $89.5–$91 and shows signs of stallin

Why can some people follow the same trading signals consistently over the long term, while others keep changing their plans at critical moments?

Many traders are not lacking indicators or trading strategies.

They know where to enter, where to set a stop-loss, and how to manage their position size.

But once they actually enter the market, everything changes.

When they are in profit, they worry about giving it back and close their positions early.

When they are losing, they refuse to admit they were wrong and widen their stop-loss without authorization.

When the market rises, they fear mis

Trading your own account feels carefree—you can let loose and make tons of money.
But when leading trades, just thinking about possibly losing other people’s money puts you under huge pressure, and you don’t dare to trade anymore

Looks like there still won’t be an Alpha airdrop this week. Are more than 70k people still farming? I thought it was under 50k. 😂 This month is expected to be a net loss. Now I’m just farming 14 points a day $CT , mainly to preserve my points. ALPHA🔥

The Changing Role of Engineers and Marketers

The tech industry is going through an interesting shift. As AI tools and automation become more common, traditional job roles are starting to overlap.

Marketing professionals are increasingly expected to understand technology, data, and automation, while technical skills are becoming valuable in creative and business roles.

This doesn't mean engineers are being replaced by marketers. It shows how the skills required in modern workplaces are evolving.

The future may not be about choosing between technology and marketing, but understanding how bot

$NEAR SHORT SETUP — SELLERS TAKING CONTROL AGAIN!

$NEAR is down 2.99%, and the recent recovery is facing rejection near resistance. Bears are defending higher levels, putting another downside move in focus!

Entry: 3.6016
SL: 3.6750

TP1: 3.5037
TP2: 3.4600
TP3: 3.4224
Final Target: 3.3800

$NEAR continues forming lower highs as sellers maintain pressure. The bounce from 3.4224 has struggled to break above resistance near 3.6256. If buyers fail to reclaim that level, selling pressure could push price back toward 3.5037 and potentially 3.4224.

Invalidation: A sustained recovery above 3.6750 w

Nvidia Controversy Raises Major Questions About Chip Exports! Could U.S. AI Chip Sales to China Face Another Twist?

A personal controversy involving Jensen Huang has unexpectedly brought the most sensitive issue in the global AI industry back into the spotlight: U.S. export controls on advanced chips.
Nvidia is a major supplier in the global AI chip market, while the Chinese market also has significant commercial value. The company’s efforts to balance commercial interests with regulatory requirements amid the U.S.’s increasingly strict restrictions on advanced chip exports have drawn conside

Why Holding 10 Cryptocurrencies May Still Mean Taking on the Same Risk

Many investors believe that as long as they don't put all their funds into Bitcoin, buying Ethereum, SOL, BNB, and other tokens will reduce their portfolio risk.

But there is an easily overlooked problem:

Having more assets does not mean risk is truly diversified. What matters is why these assets rise or fall, and how they behave under market stress.

I. Holding Different Coins Does Not Mean Having Different Sources of Risk

Suppose you hold BTC, ETH, SOL, and several other crypto assets at the same time.

These assets r

$BTC In the short term, watch whether the 73500-74800 range forms a new consolidation zone and continue buying dips, but make sure to use a stop-loss. There isn't much room left to fall. If looking to short, wait for liquidity above 76000 to be taken before trying a short.
Continue placing long orders at 73500 in the short term, with a 1000-point stop-loss and a target near 76000.
Alternatively, wait for confirmation on the right side: if the daily chart breaks below 75000 and reclaims it, continue going long.
The bull-bear dividing line is at the 70k mark. Avoid shorting as much as possible

This has been going on for a long time. Prices usually fall on Mondays during the morning in China, sweeping liquidity from futures positions, then rebound before the U.S. market opens at night to keep institutions from coming in and buying at lower prices. Once this wick has been put in, you can finally put your worries to rest. Altcoins have fallen much less than expected, so just be patient and wait! The more of a drawdown you can withstand, the longer you’ll be able to hold on when prices rise in the future—returns of several times or even more than ten times are possible. Otherwise, the s

A Moment of Panic at $73,510! Is Bitcoin Shaking Out Weak Hands or Selling Off? $745 Million in Liquidations Send a Dangerous Signal

The Bitcoin market has increasingly started to feel like a TV series lately, with a new plot twist every day.
This time, SBTC suddenly plunged, hitting a low of $73,510 within 15 minutes before quickly rebounding. The whole thing happened so fast you might wonder if you missed several episodes.
However, what really made the market nervous was the liquidation data.
In just 1 hour, around $745 million in positions across the market were liquidated, including aroun

#美国10月CPI即将公布 #WCTCS9 On the Eve of CPI: We’ll Know Tomorrow at 21:30—My Market Forecast and Three-Step Strategy

Tomorrow (Tuesday, November 10) at 21:30, U.S. October CPI will be released.

The market has already priced in about a 77% chance of a rate hike in December—once the data is out, that will either be confirmed or disproven. This post covers my forecast and what I plan to do.

【My Forecast: The Base Case Is “In Line With Expectations,” With Volatility at Either Extreme】

September CPI rose 0.6% month over month (the biggest increase in five months) and 3.7% year over year; core CPI r

Just went long on $AIOT at 0.1436
Let’s see if it can become a monster coin

🏆 1 DAY LEFT! Registration for the Gate Social Year-End Community Awards Is Closing Soon!

🎁 Two Award Categories: Streamer of the Year & Creator of the Year. Compete for the Top 20 prizes in the Chinese-speaking region!
🏆 Streamer of the Year × Creator of the Year
💰 Top 10: Win up to 50 USDT in cash!
🎟️ Top 11–20: Get a 300 USDT Position Voucher!

🔥 @ your favorite streamers and creators and invite them to enter!
⏰ 1 DAY LEFT TO REGISTER! Registration closes on November 10.
🚀 Join now and compete for year-end glory!
👉 https://www.gate.com/announcements/article/102561

How to build a trade review system that turns every loss into a verifiable lesson?

Many traders watch candlestick charts every day and record their entry and exit prices, but rarely carefully record why they entered in the first place, why they exited, or whether a loss came from a flawed judgment, execution deviations, or trading costs.

If all you write down after every loss is “be careful next time,” then even after years of trading, you may just be repeating the same mistakes.

An effective review is not about explaining why you lost. It’s about identifying problems that can be verified w