What Is Open Interest (OI)? Why Doesn’t an Increase in Open Interest Necessarily Mean Prices Will Rise Immediately?

In crypto futures trading, many people see open interest continuing to increase and assume the market is about to rise. But open interest reflects the size of contracts that have not yet been closed, not simply buying capital. To correctly understand market movements, OI must be analyzed alongside price, trading volume, and funding rates.

First, what is OI?

Open interest (OI) refers to the total number of contracts that remain open at a given point in time. When new contracts

What Should a Trading Journal Record to Truly Help Improve Trading Performance?

In cryptocurrency trading, many people focus on their profits and losses every day, but rarely take the time to record why they entered or exited a trade, or what problems arose during execution. Without systematic records, traders tend to repeat mistakes and find it difficult to determine whether a strategy is actually effective.

First, record the basic details of every trade. This includes the asset traded, direction, entry price, exit price, time, position size, and leverage. These details help you reconstruct

Do Large On-Chain Transfers Mean Whales Are Preparing to Sell?

When a blockchain explorer shows an address suddenly transferring a large amount of tokens, all kinds of speculation often appear on social media soon after: “A whale is about to dump,” “Smart money is getting out,” “Sell now.”

But a large transfer is merely an observable on-chain event and cannot, by itself, prove that the holder is preparing to sell. To understand what it means, you need to look further at where the funds are going and what happens next.

First, see where the funds were sent.

If tokens are transferred to a kno

if you invested $100 in $BTC 5 years ago
congrats, you now have $105

The most formidable startup of the future may have just one boss and 100 AI employees!

Imagine a startup of the future:
The boss sets the direction, AI conducts market research, assists with product design, handles customer service, generates marketing content, and analyzes business data.
The office doesn't need to be very large; they might even be able to do away with the conference room.
Doesn't it sound a bit like a sci-fi movie?
But this model is already emerging as a real-world direction for startup exploration.
Dr. Han's “Boss + AI” concept touches on a very important trend: AI is lower

What Is the Sharpe Ratio? How Do You Measure Whether the Returns from a Trading Strategy Are Worth the Risk?

In cryptocurrency trading, a high return does not necessarily mean a strategy is good. If a strategy can generate high returns but comes with sharp volatility and significant drawdowns, we need to further assess whether those returns are worth the risk. The Sharpe ratio is one tool that helps answer this question.

First, what is the Sharpe ratio?

The Sharpe ratio measures the excess return earned by a portfolio or trading strategy per unit of volatility risk. Generally, the higher th

This is the only way we can finally have a bull run ask my why in the comments.

#ZEC跌破1000美元
A correction, or the beginning of a trend reversal?

In my view, the decline in Zcash should not be interpreted as the end of the narrative surrounding privacy-focused cryptocurrencies; however, it does serve as a warning that speculative momentum is beginning to cool off.

There are two distinct questions that investors should consider:

* Is the demand for privacy-focused cryptocurrencies still growing?
* Is the current valuation of ZEC—reached following its extraordinary rally—sustainable?

The answers to these questions may differ significantly. The fact that a sector holds p

Only short coins that have surged.
The bearish outlook remains unchanged. $BTC Bitcoin has fallen below the 68000 level. The Fear and Greed Index remains deep in extreme fear territory, and there are no signs of dip-buying funds willing to step in and catch the falling knife in the short term. Downward pressure is still unfolding. In my view, it will most likely continue falling toward 60000. Only after reaching that level might institutions and large holders step in to support the market and stabilize prices. $BTC
Holding a BTCUSDT perpetual short position, floating profit +69.39USDT BTC -7

What Is Price-Volume Divergence? How Is It Different from a Normal Decline in Trading Volume?

In crypto markets, price and trading volume do not always move in sync. When prices continue to rise while trading volume gradually declines, or prices keep falling while trading volume continues to contract, traders may consider whether price-volume divergence is emerging. But price-volume divergence is only an analytical clue; it does not mean the market will necessarily reverse.

First, what is price-volume divergence?

Price-volume divergence refers to a mismatch between price movements and chang

#晒出我的持仓收益 zec, you won't let me down, the gains keep coming

When the Market Crashes, Why Can Forced Liquidations Further Intensify the Downtrend?

In crypto markets, prices sometimes just begin to fall, then the decline suddenly accelerates. Large numbers of positions are forcibly liquidated, more sell orders enter the market, and prices fall further, triggering a series of sharp fluctuations.

This may be due to a market mechanism known as a “liquidation cascade.”

First, leverage amplifies the impact of price changes on accounts.

When using leverage, traders only need to put up part of the margin to establish a larger position. Therefore, the same p

Huang calls it a day, the crypto market crashes, hacks keep happening, and even Microsoft suffers an outage. It’s a turbulent time, with one calamity after another—is this a sign of things to come?

The Higher the Funding Rate, the More You Should Short? Don’t Mistake Market Sentiment for a Trading Signal

In crypto perpetual futures markets, when funding rates continue to rise, some traders believe longs are overcrowded and the market could reverse at any moment, so they choose to go short.

But a high funding rate does not mean prices will fall immediately. It reflects the relationship between perpetual contract prices and market mechanisms such as mark prices, as well as the holding costs for longs and shorts at a given moment.

First, understand the role of funding rates.

Perpetual c

Let’s talk about the US stock market recently and my outlook for the storage sector.

The US stock market is an important pillar of the US financial system. In fields like technology, chips, and AI, the stakes go beyond commercial competition; national strategy and political maneuvering are also at play. Both US parties use policy and regulation to compete for influence over these key industries.

I think Jensen Huang’s sudden departure from Nvidia deserves a closer look.

Nvidia is currently one of the most important suppliers in the AI computing industry. After Huang’s departure, the market

Who Is the Crypto Market’s True Friend: a Strong or Weak Dollar?

Many people believe that when the dollar falls, Bitcoin rises, and when the dollar rises, Bitcoin falls. But real financial markets are far more complex than this simple rule.

The dollar is an important pricing currency in the global financial system. When it strengthens, it often means global capital is reassessing the US economy, interest rates, and risk-return prospects. If expectations for US interest rates continue to rise, dollar-denominated assets may become more attractive, while other risk assets may come under capital

How can you identify bull, bear, and range-bound markets so your trading strategy better matches market conditions?

The same trading strategy can produce completely different results in different market conditions. A method that works in a trending market may trigger frequent stop-losses in a range-bound market; a strategy suited to range trading may also miss opportunities during a sustained rise or fall. So before trading, you need to assess not only the price direction but also the current market phase.

First, observe price structure. Bull markets typically show progressively higher highs

I spent all day at SGLang Summit in San Francisco @lmsysorg @sgl_project #SGLangSummit, and here are a few takeaways from the speakers on site～
1️⃣ Open-source inference is becoming “consortium-style infrastructure.” SGLang released v1.0 and established a Consortium, bringing NVIDIA, AMD, Google, Meta, Intel, and others to the same table to build a roadmap together. The vibe is familiar: open-source protocols + ecosystem-wide governance, much like crypto’s early days.
2️⃣ The focus of competition is shifting from “who’s smarter” to “who’s faster and more efficient.” The biggest pain point in t