1. When your position is profitable, the rebate is another part of your earnings.
2. When your position breaks even, the rebate is your profit.
3. When your position incurs a loss or is liquidated, the rebate can help you recover and start over.
Many brothers think that a few hundred or a few thousand U is not worth opening; that is because you do not understand the calculation standard for fees. Fees are never calculated based on your principal but rather on the position after leverage.
For example, with 1000 U you open 100x, at this point, the position for calculating the fee is 10 WU, and opening a position will definitely lead to closing it, so this order incurs at least 20 WU in fees. The fee on Binance is 0.1%. For example, if you open a position of 5 ETH, the fees for the round trip is 18 U. Do not underestimate the rebate; every month, you can save a few meals at Haidilao, or save tens of thousands, even hundreds of thousands. This money is the capital for our resurgence in difficult times.
To put it bluntly, if you do not have a rebate, it is equivalent to giving away money that originally belonged to you to the platform.
You are playing with leverage; fees are magnified many times over. If you do not have a rebate, it is like giving away money every day.
Want to improve your win rate? Want to improve your survival rate?
First, save what can be saved. Welcome everyone to join the Time Chat Group! In just a few minutes, both new and old users can start their rebates!
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$BTC has fallen below 70k, what the heck, why are people still going long?
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$BTC has fallen for 22 consecutive days, dropping from 98k to now 70.5k, a decline of 26%. In the past 7 days, contract funds have flowed out 8.231 billion, and spot outflow is 2.121 billion. There has been no buying activity at all. If it breaks below 70k, it will drop directly to 68k. Panic sentiment has already spread throughout the crypto market... any rebound has been suppressed, and the most disgusting thing is this slow decline. It has fallen for 22 consecutive days, dropping from 98k to now 70.5k, a decline of 26%.
In the past 7 days, contract funds have flowed out 8.231 billion, and spot outflow is 2.121 billion. There has been no buying activity at all. If it breaks below 70k, it will drop directly to 68k. Panic sentiment has already spread throughout the crypto market... any rebound has been suppressed, and the most disgusting thing is this slow decline, rebounding 1 step forward and retreating 2. It has reached the lowest level since November 2024.
I don't know what these brainless idiots at the exchange with the highest FUD trading volume are up to. Binance's 24h spot trading volume is 5 times that of the second place, and the 24h contract trading volume is 2.5 times that of the second place. The capital reserve is also the highest.
The market is declining, and not just in a hollow way; it is also an opportunity. You need to view the decline correctly; you can buy BTC and ETH at lower prices.
$BTC has fallen for 22 consecutive days, dropping from 98k to now 70.5k, a decline of 26%. In the past 7 days, contract funds have flowed out 8.231 billion, and spot outflow is 2.121 billion. There has been no buying activity at all. If it breaks below 70k, it will drop directly to 68k. Panic sentiment has already spread throughout the crypto market... any rebound has been suppressed, and the most disgusting thing is this slow decline. It has fallen for 22 consecutive days, dropping from 98k to now 70.5k, a decline of 26%.
In the past 7 days, contract funds have flowed out 8.231 billion, and spot outflow is 2.121 billion. There has been no buying activity at all. If it breaks below 70k, it will drop directly to 68k. Panic sentiment has already spread throughout the crypto market... any rebound has been suppressed, and the most disgusting thing is this slow decline, rebounding 1 step forward and retreating 2. It has reached the lowest level since November 2024.
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I thought there would be no callback, and just when I was about to confidently go long, $BTC dropped from 78k to 73k in one go, directly breaking the 74k threshold of the 25-year tariff war. It only took 2 hours to drop after a day of rising. 🥲
The overselling has been going on for a long time, and the test of 73k in the early morning had buying volume. I believe that 71k will be the limit in this round! The chips accumulated at 75-76k are still afloat, and we should be able to see by this Friday whether the market will break through 79k upwards or drop below 71k.
In 2022 when $btc dropped to 15450, everyone said Bitcoin was done for, but later it rose to 73787; In 2024 when $btc dropped to 48000, everyone said Bitcoin was done for, but later it rose to 109000; In 2025 when $btc dropped to 74000, everyone said Bitcoin was done for, but later it rose to 126000; In 2026 now $btc has dropped to 71000, and everyone is saying Bitcoin is done for again. Anyway, every time there is a reason for it to be finished, but it always bounces back. Holding spot long-term is definitely the best answer, and one should have their own judgment.
Yili Hua is terrified every day of being liquidated by the market.
Just yesterday, he was saying: now is the best buying period for spot trading, ETH target is above $10,000, BTC over $200,000.
But to avoid being liquidated, he has gradually started to cut losses and reduce leverage positions; the current liquidation price has dropped to $1640. He still holds 463,000 ETH, with a floating loss of about $474 million. I hope Boss Yi can get through this; otherwise, at this liquidation price, it will be a chain reaction of explosions.
When the forest is big, there are all kinds of birds. So many 'water armies' look unprofessional at a glance, with the suffix BNB talking about other matters while still FUDding Binance. True strong men never fear these. The prosperity on the BSC chain this year cannot be separated from Binance, and it also shows everyone that Binance really wants to strengthen BSC, so keep building!
Just saw that Binance has once again purchased 100 million USD worth of Bitcoin and transferred it to the SAFU Fund. The purchase price was around 76,500, and there are still 800 million USD yet to be bought, but it hasn't had a significant impact on the market. Buying 100 million BTC is like a drop in the ocean, but fortunately, the purchase has provided continuous confidence to the market!
$ETH tested quickly after 2110 in the early morning, has it completed the second bottoming? If you ask me, it has been completed, but it won't be quickly pushed up here; it needs to consolidate for a while to attract users who shorted earlier to enter the market again, raising it to 2420
Last night, my ETH long position entered early was stopped out, but I still firmly believe that there is a process of upward liquidation of short-squeezing liquidity; shorting really won't be the only option, one should also consider going long.
I thought there would be no callback, and just when I was about to confidently go long, $BTC dropped from 78k to 73k in one go, directly breaking the 74k threshold of the 25-year tariff war. It only took 2 hours to drop after a day of rising. 🥲
The overselling has been going on for a long time, and the test of 73k in the early morning had buying volume. I believe that 71k will be the limit in this round! The chips accumulated at 75-76k are still afloat, and we should be able to see by this Friday whether the market will break through 79k upwards or drop below 71k.
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The surge that I mentioned for $BTC last night should at least reach the 79k position, and if it breaks through, we should see at least 81-82k. The 79k level directly suppresses market funds, and as soon as people feel there is no momentum for the market to rise, they will exit immediately. As I said, we are currently in a range-bound oscillation, repairing the chart. After accumulating chips at the 75-76k point, we will test upwards towards 82k, or even 85k. However, for the market to reverse, it must break through 93k.
The surge that I mentioned for $BTC last night should at least reach the 79k position, and if it breaks through, we should see at least 81-82k. The 79k level directly suppresses market funds, and as soon as people feel there is no momentum for the market to rise, they will exit immediately. As I said, we are currently in a range-bound oscillation, repairing the chart. After accumulating chips at the 75-76k point, we will test upwards towards 82k, or even 85k. However, for the market to reverse, it must break through 93k.
Last night, I took profit on $ETH at 2350 and $SOL at 105. The current situation still lacks a volatile market to adjust the indicators after the drop. The probability of a direct rise is very low. In the market, during rebounds, don't focus on how much you can grab; it feels like we are back to the scalping market that I enjoy.
Thank you to the big shots for the recommendations 1250 of gold 125800 of bitcoin 30 of silver 40 of Malaysian currency 1700 of Moutai made my year extremely fulfilling Thank you all for accompanying me through the first month of 2026, without you guiding me in investing, I might have a little savings right now.
$ETH On Saturday, I placed a stop-loss bet at 2620 and moved it to 2592. As everyone saw, after hitting the stop-loss, it quickly fell. At this time, the importance of stop-loss becomes evident. After hitting the stop-loss, you can still open a new order; without a stop-loss, you only have the path of liquidation ahead of you. The size of the funds only makes a difference in the timing of the liquidation.
From 2700 to 2163, an 18% drop in two days, a cliff-like flash crash. Brother 1011 gloriously sacrificed during this drop. The institution of Mr. Yi had to reduce positions to prevent another "black swan" event, and has already lowered the liquidation price to 1840, leaving only a 16% margin for error from now.
I really didn't expect such a drop at the end of January and the beginning of February. Now, looking at the market, it hasn't completed the important downward pin action yet. Be patient! Don't open positions randomly; it's very easy to wash away your own capital within such volatility.
The price of $ETH has already reached the starting point of the increase in June 2025. If it breaks below 2120, we will see 1700 below; conversely, if 2120 holds, it may rebound to 2410.
Waking up this morning, I saw that institutions reduced their positions to prevent liquidation. It was 78k in the morning, and now it's already 75k, dropping 3k along the way, causing panic among people. The fear index is at 13, indicating extreme fear. No one dares to catch the falling knife anymore. The positions bought at 78k are now trapped, just as I said yesterday that they would definitely be trapped. This wave's bottom is likely around 71k. Damn the market! Any actions to buy long will be trapped. Just be patient and wait.
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$BTC started to decline early in the morning, liquidating over 90% of long users. Even the insider big brother couldn't withstand the liquidation, dropping below 80k and the market directly accelerated to 75.7k, just a little short of the 74k I mentioned.
The drop in the early morning took away over 95% of long liquidity, with $2.24 billion liquidated in 24 hours, of which long liquidations accounted for $2.12 billion. $BTC fell by 10% and $ETH by 17%, not to mention the declines in altcoins, resulting in a chain of liquidations during the drop.
Now $BTC and $ETH have stabilized slightly. I bought some long positions at 2420 around 4 AM but didn't dare to buy much more, as the speed and strength of the rebound are very weak. I plan to take profits today and wait until after 6 PM or tomorrow morning's opening. The current position needs to oscillate in the range of 74k-88k for a long time.
Yesterday, I saw many people starting to buy the dip in spot! If you ask me, it's okay to buy some spot, but you will definitely get trapped in the middle. 71k-68k might be the ultimate target this time. Plan your positions well for buying spot and avoid playing with contracts.