Many new players ask me why, when clearly the position is at a break-even loss, it still incurs a loss after closing. In fact, this part of the loss is your transaction fee, which you did not account for when closing the position.
So how can we reduce this fee erosion? The first method: When at break-even loss, set the position a bit higher. The second method: Open a fee reduction privilege (commonly known as rebate). This privilege is only available to KOLs who have deep cooperation with Binance, so do not casually seek out unknown people to open it.
If you want to know how much fee has been deducted from you, you can open the Binance APP -- Funds -- Contracts -- Today's Profit and Loss -- Capital Costs and Trading Fees, where you can check your fees for the past year.
To be honest, I also trade contracts, and without the rebate, I wouldn't be able to handle it myself.
If you want to open the Binance fee reduction, you can register through the following link or fill in the rebate invitation code. Binance rebate link: https://www.suitechsui.online/zh-CN/join?ref=750747411 Binance rebate invitation code: 750747411
If you want to open a contract account, you can fill in the invitation code: 752639221. All of the above methods can help you obtain fee reductions.
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⚡️The Fed sends a signal: continue to observe and postpone the interest rate cut.
Current data shows that the probability of the Fed keeping interest rates unchanged in January is 95.2%, and the probability is 62.8% by March.
If there is no interest rate cut, what impact will it have on the cryptocurrency circle?
Decline in risk appetite: High interest rates may be seen as a lack of confidence in economic growth or concerns about inflation, and investors may reduce their risk appetite, leading to a drop in cryptocurrency prices.
Funds flow to safe assets: In a high interest rate environment, funds may be more inclined to flow to safer investment options and reduce investment in cryptocurrencies.
Dollar appreciation: A stronger dollar usually depresses the price of cryptocurrencies because cryptocurrencies are usually denominated in US dollars.
Increased market volatility: Stable or rising interest rates may increase market uncertainty and exacerbate volatility in the cryptocurrency market.
Increased cost of holding stablecoins: High interest rates will increase the cost of holding stablecoins because these currencies need to maintain a peg to the US dollar.
In summary, it is estimated that encryption will become more and more difficult to play in the future, and even if it is overall upward, the volatility will be very large!
The US non-farm data is very negative. The Federal Reserve is unlikely to cut interest rates in January, and the probability of maintaining interest rates unchanged is higher.
校长-交易学院
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Bullish
Tonight is a life-or-death game. After falling for so many days, whether we can rise again depends on tonight.
The market expects that non-farm payrolls in the United States will increase by 160,000 in December last year.
Goldman Sachs said that if the number of new jobs exceeds 200,000, the S&P 500 is expected to fall by about 1%. JPMorgan Chase's trading desk also believes that if the number of new jobs exceeds 220,000, the index may fall by 0.5% to 1%.
If the data is disappointing, that is, the number of new jobs is less than 100,000, then the stock market may also suffer a similar decline of about 1%.
Goldman Sachs believes that the "best case" for US stocks may be 100,000 to 125,000 new jobs.
Today, the $USD0++ of $USUAL experienced a decoupling phenomenon
The reason is that $USUAL officially announced that starting from February 1, a fee will be charged for withdrawing USD0++, and a minimum exit price of 0.87:1 has been set. This news triggered panic in the market and a faster reaction than expected.
Background and Development:
Initially, USD0++ offered a long free withdrawal period, including blind mining and unconditional 1:1 exit guarantee before listing on Binance.
People could enjoy over 50% annualized returns, and even amplify capital efficiency through circular loans via Morpho.
As the project developed, the project team announced the end of this free period, prompting holders to begin withdrawing, especially leveraged users who were concerned about liquidation risks, leading to a wave of selling USD0++ for USD0.
Impact of the Announcement:
The announcement mentioned a minimum price of 0.87, intended to provide a safety net, but was interpreted in the market as potentially allowing a 13% drop in the exchange rate, further intensifying the panic.
Media and influential figures' related reports and risk warnings also prompted some investors to choose to cut losses and exit, causing the decoupling.
$USUAL to reform? The main focus of $USUAL and its USD0++ stablecoin protocol:
Long-term vision: USD0++ adopts a four-year framework to ensure the stability of users and protocols, incentivizing long-term participation by providing a consistent and predictable income stream.
Robust fundamentals: USUALx holders will start receiving tokens backed by a guaranteed four-year income stream from February 1, 2025, currently providing an annualized yield of more than 60%.
Anti-volatility measures: Dual-path exit options are provided through the USUAL dAPP, including a 1:1 early unstaking function (launched early next week) with a floor price of $0.87.
Stability support: USD0++ is fully backed by USD0, which is 100% collateralized by T-Bills, and the yield is not affected.
Income-driven flywheel effect: Income is generated from the floor mechanism and early unstaking, enhancing the value of USUAL and driving the growth of USD0++ yield and TVL.
DeFi Integration: Plans to integrate with products such as Morpho Market, New Vault, and ETH0 to expand the scope of USD0++.
Incentives: Through the revenue switching mechanism, part of the protocol revenue flows back to the USUAL token, strengthening its utility, value, and governance.
Price Discovery Process: Early stage: No floor price, testing the basic principles of the protocol. Grace period: Provide 1:1 unconditional primary market exit. Final transition: Dual path exit (conditional and unconditional), flexibility and stability.
Bad debt insurance: DAO will assume potential bad debts in non-immigrant markets, up to the current amount.
Market strategy: Encourage the use of high leverage positions on the Morpho market to increase stability, and plan to migrate to the new non-liquidable market in October 2025.
Way forward: Continue to integrate DeFi protocols, launch new products such as ETH0, and plan to implement more stability and growth mechanisms.
These measures are designed to ensure that USD0++ is not only a stablecoin, but also a long-term investment option with a sustainable income stream, enhancing the overall stability and growth potential of the Usual ecosystem. For more information, please visit 【校长-交易学院】专属聊天室
$USUAL announces the launch of the 'Revenue Switch' mechanism. This mechanism will be activated when more than 50% of USUAL tokens are staked as USUALx, or will automatically activate on February 1, 2025.
Once this mechanism is activated, a maximum of $5 million in revenue per month will be distributed entirely in USD0 to USUALx stakers. Rewards are only available to users who continuously stake throughout the entire monthly cycle.
69,000 bitcoins to be sold? What impact does the Silk Road's sale of coins have on the market?
On the tenth day after the U.S. government pledged $6 billion in aid to Ukraine, the U.S. Department of Justice is preparing to liquidate 69,370 bitcoins related to the Silk Road case, valued at approximately $6.5 billion. The Department of Justice has obtained permission to sell, but has not yet announced specific sale plans. Following the announcement, Bitcoin fell more than 2.5% in 24 hours.
Background of the Silk Road
The Silk Road was a notorious illegal trading platform operating on the dark web, founded by Ross Ulbricht (alias “Dread Pirate Roberts”) in 2011 and shut down by the FBI in 2013. Ulbricht was sentenced to life imprisonment in 2015. The FBI seized about 170,000 bitcoins during the operation, which was the largest law enforcement seizure of bitcoins at the time.
Bitcoin Sales in Government History
Since 2014, the U.S. government has processed bitcoins seized from the Silk Road case through multiple auctions. These auctions have not led to significant drops in Bitcoin prices, but rather enhanced its legitimacy and confidence in the investment community.
June 2014: First auction of 30,000 bitcoins, market price remains stable. December 2014: Second round of auction for 50,000 bitcoins, market price fluctuates but does not crash. March and November 2015: Auctioned 50,000 bitcoins respectively, market response relatively stable.
Trump's Promises and Market Reaction
Trump promised to reduce Ulbricht's sentence and make the U.S. a cryptocurrency hub, which sparked market speculation on Bitcoin policy. Trading data on PolyMarket showed that the probability of selling bitcoins before Trump's inauguration was 22%, while the chance of Ulbricht being pardoned was as high as 73%. This could influence the government's strategy regarding Bitcoin.
Current Bitcoin Holdings by the U.S. Government
According to Bitcoin Treasuries, the U.S. government currently holds approximately 207,189 bitcoins, accounting for 0.987% of the total supply, valued at about $19.5 billion.
In summary, the U.S. Department of Justice is preparing to liquidate the Bitcoin assets from the Silk Road case, and the market reacts sensitively to this, but historical data shows that such sales typically do not lead to long-term price crashes. For more information, call 【校长-交易学院】专属聊天室.
The era of Trump 2.0 is coming, and global capital markets are panicking again
With only two weeks left before Trump 2.0 takes office again, global capital markets have once again fallen into volatility under the influence of his potential policies.
On the evening of January 6, the global market moved significantly: European and American stock markets surged, with the FTSE China A50 index soaring by more than 1%, the U.S. dollar index plummeting, and non-U.S. currencies and the yuan rising simultaneously, with the latter jumping 300 points.
This fluctuation stems from the "Washington Post" citing three people familiar with the matter, saying that Trump's team is adjusting the tariff policy promised during his campaign and switching to more precise tariff measures targeting national and economic security areas.
The Trump team's tariff policy will have a profound impact on the global economy. The Washington Post report suggested that Trump may follow Biden's "small courtyard, high wall" strategy, which is similar to "attacking the heart first" at a macro level, using industrial and tariff policies to divide neighbors, allies and internal industrial forces. , allowing the United States to defeat them one by one.
At the micro level, this strategy is similar to "encircling three and missing one". Instead of adopting a total blockade, it induces other countries to break through in specific industrial fields so that they can ambush in preset areas.
For example, the U.S. Department of Defense recently added companies such as Tencent and CATL to the 1260H list, while also excluding some companies, which reflects the flexibility and controllability of this strategy. Sanctions are also expected to continue to be rolled out in the final days of the Biden administration, but with room for maneuver left open for manipulation.
However, Trump’s strategy is obviously different. He does not tend to negotiate with companies one by one. Instead, he hopes to bundle all companies through tariff policies and conduct direct transactions with one representative to maximize benefits. Therefore, Trump may keep the full threat of tariffs ahead of negotiations, like Liu Bei in the Battle of Yiling. For more information, please call 【校长-交易学院】
⚡️Latest News: Trump is considering declaring a national economic emergency, the dollar index has risen to 109.2, approaching the previous high of 114.7