2025.9.13 On-chain Perspectives
#Binance Contract Analysis
In the past two days, the entire #合约 market has been exceptionally hot, with some altcoins experiencing very strong increases. For instance, the previously strongest #MYX and #Bake , now it’s the turn of #HIFI/USDT . Hitting the right one can indeed yield good returns, but 90% of people have become cannon fodder. Even though these projects' prices have skyrocketed, their spot trading volumes are not high, for example, Hifi's spot trading volume is less than 170 million dollars, while the trading volume in the contract market is extremely exaggerated.
The contract rates for popular projects are generally very high, and in this case, the risk of participation is enormous. While I was recording the video, the price of #Hifi jumped from a few dollars to nearly double in a direct manner, with an extremely fast growth rate, able to surge significantly within minutes, likely making it to the trending list.
Essentially, these types of projects are clearly operators harvesting retail investors through contracts. Although the contract market is bustling, very few can survive in it; most people ultimately suffer significant losses. So I remind everyone again: stay away from contracts, cherish your principal, and staying at the crypto market's table is the only way to have a chance at truly achieving a hundredfold growth.
Even if the contract trend is strong, it is not advisable to touch pump projects. Currently, most targeted assets are still rising, and a few that rose too quickly a few days ago may see a correction.