When long positions recommit to paying the price, can BTC exit the negative feedback loop?
The calculation of the perpetual contract directional premium is the total amount of funding fees paid daily by long positions to short positions across all exchanges. By adding the 30-day moving average and the 90-day standard deviation as standards, we can determine the concentration of long leverage funds and the willingness to pay in the BTC perpetual contract market, or you can understand it as the 'strength of bullish sentiment.' Previously, in an article titled 'Why Are ETFs Losing Purchasing Power?', we mentioned that when bullish sentiment, risk appetite, and the willingness to leverage decrease simultaneously, we gradually enter a negative feedback loop. To break this loop, we first need to see a rebound in long-related hopes.
#红包 🧧Unlimited Continuation🧧$ASTER 🧧🧧🧧🧧🧧🧧🧧🧧🧧🧧 The tenth installment, since I started sending ASTER red envelopes, ASTER has also been doing well these past few days. The Prince @嗯哼Enheng Build has increased his position, and @CZ is still stuck inside. With such a strong lineup of positions, what is there to worry about not rising! No more nonsense, 🧧 let's keep moving forward
Trump's Cryptocurrency New Policy Intensively Launched: Relaxing Regulations and Strategic Reserves in Parallel
Since 2025, the Trump administration has continued to promote policy innovations in the cryptocurrency field, from relaxing regulations and strategic reserves to legislative norms, working hard to fulfill the promise of "making America the capital of cryptocurrency."
In terms of core policies, Trump signed an executive order in January to establish a digital asset working group, banning central bank digital currencies (CBDC) and exploring the establishment of a national cryptocurrency reserve. In March, he announced the inclusion of five cryptocurrencies, including Bitcoin and Ethereum, into the strategic reserve, and the government's holding of 200,000 Bitcoins would no longer be sold, a message that once pushed the market's market value to soar by $300 billion. In May, the Department of Labor completely withdrew the warning issued during the Biden administration regarding the investment of 401(k) plans in cryptocurrencies, granting employers investment autonomy. In July, Trump signed the "Genius Act," establishing a federal regulatory framework for stablecoins, requiring issuers to hold an equivalent amount of short-term U.S. Treasury bonds as reserves.
Behind the policy shift is the enormous donations from the cryptocurrency industry during the election period. Although the market reacted positively to the favorable policies, controversies persist: critics worry about the risks involved in retirement savings, that lax regulations may lead to risks, and that the Trump family’s involvement in cryptocurrency businesses may breed conflicts of interest. Currently, the U.S. cryptocurrency regulatory framework is still being improved, and the subsequent development of the industry and the effectiveness of policy implementation are under close attention. #美国宏观经济数据上链 #BTC
📉 JUST IN: BlackRock has sold $75.4 million worth of $ETH, creating fresh uncertainty in the crypto market. Institutional moves like this often impact market sentiment and short-term volatility. 👀🔥 #BlackRock #Ethereum #ETH #CryptoNews #BreakingNews #CryptoMarket
Christmas is just days away and I wanted to spread a little holiday warmth your way.
Dropped a small Christmas Red Packet with some $BTC surprises inside nothing big just a genuine "thank you" for being part of this awesome community. 🎄✨
Grab it quick if you're around!
Merry Christmas, everyone hope its filled with joy, family and green candles! 🕯️🚀
🎁I’m dropping 1,000 Red Pocket Gifts for my 🎁 Square Family!🎁❤️✨🎊 Aaj kis ka lucky day hai? 😤🔥🎁 🎁Follow + Comment and claim your reward NOW.🎁🎊🎉 🎁No delay. No drama. Just straight🎁 blessings! 🎁Let’s GO 🚀💸🎁 $SOL
The native token of the well-established Layer2 project Polygon—Matic (MATIC), is now officially called POL, but everyone still prefers to call it MATIC. Compared to the peak of $2.9 during the 2021 bull market, it has dropped significantly, and many people ask me: Is there still hope for this coin? Is it worth bottom-fishing? First, let’s provide some background. Polygon was originally a sidechain solution for Ethereum, with low gas fees and high throughput, which once attracted a large number of DeFi, NFT, and gaming projects to migrate, with the TVL peaking at over $10 billion. However, with the Ethereum Dencun upgrade, various Rollup solutions emerging, and competitors like Base and Arbitrum rising, Polygon's traffic and narrative have been severely diverted. This year has brought even harsher developments, as the team directly upgraded MATIC to POL, marking the start of the Polygon 2.0 era, shifting focus to the AggLayer aggregation layer, attempting to connect the multi-chain ecosystem. How has the price performed? This year it has continued to decline from around $1.2 to a low of $0.3, with a recent slight rebound, mainly driven by market expectations for rotation in the Layer2 sector. On-chain data isn’t particularly impressive, with daily active users declining, and the TVL now only over $800 million, far from its peak. But the good news is that the team is still actively developing, with the AggLayer testnet about to launch; if seamless multi-chain interoperability can be achieved, the narrative might be reignited. In the medium to long term, if Polygon 2.0 lands smoothly and coincides with a bull market, returning to $1 is not a dream. But the risks are also evident, as competition is fierce, execution must keep pace, strict stop-loss measures are necessary, and one should not rush into heavy positions; this sector is currently a test of endurance. (Follow, like, and share to receive a BTC red envelope)
Wisdom of Solar Terms: Acting in Accordance with Financial Cycles
The 24 solar terms are the wisdom of ancient people in understanding the timing of nature. Spring planting - laying out potential tracks; Summer growth - accompanying projects in their development; Autumn harvest - timely profit; Winter storage - preserving cash, waiting for new opportunities. Finance also has cycles, but many people only want to 'harvest in autumn' and are unwilling to 'sow in spring.' The Binance ecosystem is like a 'financial solar terms calendar,' reminding you of trend changes and helping you grasp the rhythm of sowing and harvesting. Let time be a friend, not an adversary.