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$BTC Position sharing will be at the end, first let's look at today's key information: platforms like Futu, Tiger Securities have been penalized, and Elon Musk's space exploration company is about to go live. PENDLEUSDT 1.89 perpetual +3.77% The China Securities Regulatory Commission is strictly investigating illegal cross-border business cases, and only Futu is affected and will be expelled (with a two-year remediation period for clearing existing businesses), involving at least approximately $126.7 billion in user funds.
If calculated at the same level, Tiger Securities (Q4 2025 report AUM of $60.8 billion) may have about $48.6 billion in user funds affected and potentially expelled. That means, in this incident, Futu and Tiger Securities together may have about $175 billion in user funds affected and possibly expelled.
For the domestic market, since US stock traders lack platforms, they might turn to virtual currency platforms, especially with Elon Musk's SpaceX stock SPCX, which is set to launch on June 12. You can already buy it in virtual currency platforms in advance, essentially pre-market. I don't recommend buying the dip at current prices because most of the funds haven't entered yet; just wait for the drop—200, 190, 160. Watch below 200. Wait.
Today's contract sharing is as follows: low leverage, multiple Pendle positions with stop-loss at 1.7, 1.8, and take profit at around 2.8. Also, keep an eye on BTC's trend; if it breaks below, stop loss promptly.