Odaily News Greeks.live macro researcher Adam published a Chinese community briefing, which pointed out that the market's current views are quite divided. Some investors are concerned about the trend of whales starting to short BTC, while others are still optimistic about the long-term trend, and even some radical views predict that Bitcoin may rise to $444,000. Discussions focus more on risk management and strategy adjustments, and option traders focus on volatility risk premium and hedging strategies.
Several traders discussed the margin model and funding rates of exchange options and perpetual contracts, believing that exchanges such as Binance assume a 0.01% lending rate baseline when calculating funding rates.