Madman said…
The short-term seesaw effect is still very obvious. If you think BTC will pull back, please go long ETH. If you think BTC will still rise, then continue to go long BTC. Don’t go short in the bull market. You can choose the beauty in the mansion~
If you have mainstream currencies such as Bitcoin, Ethereum, SOL, etc. and plan to reduce your position, you can use contracts to open short positions to reduce your position. First, you can get a positive premium, and second, you can get a high interest rate. If the amount of funds is relatively large, This benefit is still considerable. Like OKX, the rates are basically in the range of RMB 20,000 to RMB 40,000 per 8 hours, and the annualized rate can reach more than 30%. If you want 1 million yuan of goods, it only costs 1,000 yuan a day, which is quite delicious.
After the market softens, the funding fee is gone, and the positive premium is gone. The left hand buys short, the right hand sells the spot, wipe the mouth and leave. It is time to cash out, and it is time to leave the market. If you are not in a hurry to use money, don't be in a hurry. ~
Statement: The article only represents the author's personal views and opinions, and does not represent the objective views and positions of the blockchain. All contents and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and transactions, and the author and Blockchain Client will not be held responsible for any direct or indirect losses caused by investors' transactions.
"[Madman Talks about Trends] Bitcoin has risen alarmingly, should it be shorted?" This article was first published on (Block Guest).
