US futures open interest surged 45.5% to $5.9 million over the past 24 hours, and the price jumped 33.7% within 1 hour. This is mainly driven by the positive news that the US CFTC has approved the listing of Bitcoin perpetual contracts, which brought a large influx of funds into the derivatives market and made short-term leveraged trading extremely active.



Only suitable for aggressive short-term trading. If the 1-hour close holds above the $0.33 high, you may consider continuing to hold; once it falls back to $0.25, you should promptly close part of your position. A simultaneous increase in volume can be seen as an effective signal.
$US #成长值抽奖赢金条
US-13.77%
BTC-0.33%
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MountainSilhouetteBeforeThe
· 23h ago
Short-term trading is all about heartbeat; if 0.33 doesn't hold steady, I'll just run.
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TheTreeInTheCenterOfMistValley
· 05-30 08:52
This news from the CFTC is indeed intense, but the open interest of 5.9 million is still too small, making it easy for big players to manipulate the market.
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PaperhandsPoet
· 05-30 08:43
Perpetual contract listing is a positive signal + capital inflow, this script is familiar, let's surge first and see if the momentum continues.
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GateUser-5f4bad9c
· 05-30 08:41
Remember the 0.25 stop-loss line, too high leverage makes me hesitant to hold large positions, small positions follow the trend.
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