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2026-06-11 03:48:16
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Chu Yuechen: 6.11 Bitcoin and ETH Contract Trading Reference. The current market is in a phase of "narrative vacuum + liquidity squeeze," so caution is advised, waiting for a clearer bottom signal. There are currently no conditions for a bull market. For a true bull market to arrive, just remember one thing: when the US dollar weakens and interest rates drop, funds will be driven to seek other channels, and crypto assets will benefit. Otherwise, with high interest rates, it's more comfortable to keep money in banks and earn interest. Therefore, it's too early to talk about bottom-fishing now; be patient and wait for the right opportunity! For short-term contract trading, maintain a short-selling strategy on rallies. As mentioned a few days ago, Bitcoin is bearish below 65,000, and this decline may only end if it stabilizes above 65,000. The same applies to ETH; maintain a short-selling strategy below 1700. Specific entry points are unnecessary to discuss, as everyone's situation is different—capital, position size, entry timing, psychological tolerance, etc. The key point is: stop-loss for Bitcoin short positions at 65,000, and stop-loss for ETH short positions at 1750. Please operate according to your own circumstances. If you're unsure, you can check my profile for more information; I'll provide reasonable advice based on your situation. Also, if you're eligible, you can consider subscribing to SpaceX shares. It's scheduled to list on Nasdaq on June 12th, and subscriptions close tomorrow at noon. It's similar to subscribing to an IPO; if you manage to get in, the returns should be quite good.
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