Why is Binance so hot today? — My Three-Step Beginner Version
First, let's say it in plain language: when there's money to enter the market, new projects, and many activities, enthusiasm will be high. To keep up, don’t rely on mysticism, just use three steps: look at water → choose tickets → take action.
Step one: Look at the water (there's no wave without water)
I only look at three simple signals:
• Net inflow of stablecoins: more money in the platform = the market is easier to rise.
• Trading volume: increase = someone is trading; decrease = enthusiasm is fading.
• Funding rate (the small number on the contract): low = not crowded; high = everyone is pushing at the door.
My actions
• Hot (inflow ↑, volume ↑, low rate): can add a bit of trend position.