Binance Square
#babausdt

babausdt

5,861 views
47 Discussing
Nomi Khan Crypto
ยท
--
BABA is trading in a cautious range as traders watch for the next decisive move. Holding above key support keeps the short-term outlook constructive, while a breakout above resistance could attract fresh buying interest. $BABAB {spot}(BABABUSDT) ๐Ÿ“ˆ Bullish: A confirmed move above resistance may extend gains. ๐Ÿ“‰ Bearish: Losing support could lead to a deeper pullback. โš ๏ธ Stay patient, follow the trend, and always use proper risk management. #BABA #BABAUSDT #CLARITYActAwaitsSenateProgress
BABA is trading in a cautious range as traders watch for the next decisive move. Holding above key support keeps the short-term outlook constructive, while a breakout above resistance could attract fresh buying interest.
$BABAB

๐Ÿ“ˆ Bullish: A confirmed move above resistance may extend gains.
๐Ÿ“‰ Bearish: Losing support could lead to a deeper pullback.
โš ๏ธ Stay patient, follow the trend, and always use proper risk management.
#BABA #BABAUSDT #CLARITYActAwaitsSenateProgress
๐Ÿซ— Strong inflows are pouring in from new investors, creating an incredibly amazing growth momentum for today. ๐Ÿ’น LONG $BABA Entry: 122.74 TP: 128.877 | SL: 110.466 ๐ŸŽฉ Brilliant minds are focusing on building the future of Web3. ๐Ÿ“ˆ Buying demand in Discount zones is very strong, drawing in all sell orders on the floor. ๐Ÿ“ˆ Always remember your original goal when you start venturing into crypto. ๐ŸŒˆ Hopeโ€™s green hue will always cover your entire portfolio. #BABAUSDT $BABAUSDT
๐Ÿซ— Strong inflows are pouring in from new investors, creating an incredibly amazing growth momentum for today.

๐Ÿ’น LONG $BABA
Entry: 122.74
TP: 128.877 | SL: 110.466

๐ŸŽฉ Brilliant minds are focusing on building the future of Web3.
๐Ÿ“ˆ Buying demand in Discount zones is very strong, drawing in all sell orders on the floor.
๐Ÿ“ˆ Always remember your original goal when you start venturing into crypto.
๐ŸŒˆ Hopeโ€™s green hue will always cover your entire portfolio.

#BABAUSDT $BABAUSDT
RSI reached 93.2 within $BABA 4 hoursโ€”an extremely overbought level. Iโ€™ve written about this spot many times. The stock sold off from 90 and then, in one push, surged to 122. A 35% gain over 30 days. Look at the K-line structure. After bottoming at 90.66 on the daily chart, it went through a smooth rebound. It then consolidated around 112โ€“115 for nearly a week. Last night, it broke out on high volume and directly drove all the way to the prior high at 122. Volume was 9.7 times the daily average. This isnโ€™t something retail traders can do. On the 4-hour timeframe: EMA9 (118.07) > EMA21 (116.96) > EMA50 (115.70)โ€”a perfect bullish alignment. Price is hugging EMA9 upward, with almost no meaningful pullbacks. After the MACD golden cross, the histogram keeps expanding, so bullish momentum is still there. But what does RSI 93.2 mean? It means that over the past 14 4-hour candles, bullish candles nearly crush bearish ones. This kind of extreme reading historically rarely sustains for more than 3โ€“4 K-lines. Either it goes sideways to digest, or it pulls back. Fund flow: Mark price 121.97 vs index price 121.62, with a premium of 0.35. The funding rate is 0.135%โ€”somewhat high, but not outrageous. It shows crowding among the longs is increasing, but it hasnโ€™t reached the liquidation edge. Key levels: - Resistance: 122 (the prior high just touched), 125 (the round-number level) - Support: 118.8 (near EMA9), 117 (top of the consolidation zone before the breakout), 115 (the heavy-trade volume area) - Strong support: 113 (the breakout starting point this leg) Iโ€™ve seen this kind of move too many times. After breaking out above the prior high on volume, the probability is high that the first pullback to 118โ€“117 will come. Whether it can keep charging depends on the trading volume and order follow-through during the pullback. A pullback on shrinking volume is a healthy adjustment. If it dumps on expanding volume, be careful. Niniโ€™s plan: Current price: 121.99 Direction: slightly bearish (short-term pullback gamble) Execution condition: wait for a 4H close with a long upper wick or a bearish candle engulfing a bullish one to confirm momentum exhaustion Entry zone: 120โ€“122 Stop-loss: 123.5 (accepting itโ€™s wrong if it breaks above the prior high by more than 3%) Targets: 118 โ†’ 117 โ†’ 115 My take: the uptrend hasnโ€™t broken, but the short-term overbought is way too aggressive. Chasing longs from this level has terrible risk-reward. Iโ€™ll wait for a pullback toward 117โ€“118 and decide whether to follow the long based on how it holds up. Going short now is โ€œeating the meat of a pullback,โ€ not โ€œeating the meat of the trend.โ€ When itโ€™s gone up too much, it will drop. When itโ€™s dropped too much, it will rise. The old saying is always relevant. With your current position, can you sleep at night? #BABAUSDT #BABA #่ถ…ไนฐไฟกๅท #Chinese concept stocks
RSI reached 93.2 within $BABA 4 hoursโ€”an extremely overbought level. Iโ€™ve written about this spot many times.

The stock sold off from 90 and then, in one push, surged to 122. A 35% gain over 30 days.

Look at the K-line structure. After bottoming at 90.66 on the daily chart, it went through a smooth rebound. It then consolidated around 112โ€“115 for nearly a week. Last night, it broke out on high volume and directly drove all the way to the prior high at 122. Volume was 9.7 times the daily average. This isnโ€™t something retail traders can do.

On the 4-hour timeframe: EMA9 (118.07) > EMA21 (116.96) > EMA50 (115.70)โ€”a perfect bullish alignment. Price is hugging EMA9 upward, with almost no meaningful pullbacks. After the MACD golden cross, the histogram keeps expanding, so bullish momentum is still there.

But what does RSI 93.2 mean? It means that over the past 14 4-hour candles, bullish candles nearly crush bearish ones. This kind of extreme reading historically rarely sustains for more than 3โ€“4 K-lines. Either it goes sideways to digest, or it pulls back.

Fund flow: Mark price 121.97 vs index price 121.62, with a premium of 0.35. The funding rate is 0.135%โ€”somewhat high, but not outrageous. It shows crowding among the longs is increasing, but it hasnโ€™t reached the liquidation edge.

Key levels:
- Resistance: 122 (the prior high just touched), 125 (the round-number level)
- Support: 118.8 (near EMA9), 117 (top of the consolidation zone before the breakout), 115 (the heavy-trade volume area)
- Strong support: 113 (the breakout starting point this leg)

Iโ€™ve seen this kind of move too many times. After breaking out above the prior high on volume, the probability is high that the first pullback to 118โ€“117 will come. Whether it can keep charging depends on the trading volume and order follow-through during the pullback. A pullback on shrinking volume is a healthy adjustment. If it dumps on expanding volume, be careful.

Niniโ€™s plan:
Current price: 121.99
Direction: slightly bearish (short-term pullback gamble)
Execution condition: wait for a 4H close with a long upper wick or a bearish candle engulfing a bullish one to confirm momentum exhaustion
Entry zone: 120โ€“122
Stop-loss: 123.5 (accepting itโ€™s wrong if it breaks above the prior high by more than 3%)
Targets: 118 โ†’ 117 โ†’ 115

My take: the uptrend hasnโ€™t broken, but the short-term overbought is way too aggressive. Chasing longs from this level has terrible risk-reward. Iโ€™ll wait for a pullback toward 117โ€“118 and decide whether to follow the long based on how it holds up. Going short now is โ€œeating the meat of a pullback,โ€ not โ€œeating the meat of the trend.โ€

When itโ€™s gone up too much, it will drop. When itโ€™s dropped too much, it will rise. The old saying is always relevant. With your current position, can you sleep at night?

#BABAUSDT #BABA #่ถ…ไนฐไฟกๅท #Chinese concept stocks
Verified
Binance will list Tencent, Alibaba, and Xiaomi. For everyone to make some money, theyโ€™re also working hard. After two days, they all went on trading contracts, in coordination with a period of time afterward for a tech-stock listing. Everyone has the chance to earn a bitโ€”remember to add these three big-name brands #BABAUSDT . This is to pull all the funds into the traffic pool, so that liquidity keeps getting better, which is beneficial for the virtual currency market. Exactly how to operate will be told to everyone laterโ€”donโ€™t miss the chance to make some money. For now, Iโ€™ll post this first to see how much traffic there is. Iโ€™ll explain in the comments post tomorrow. Iโ€™m sleepy now, so Iโ€™m going to sleep first.
Binance will list Tencent, Alibaba, and Xiaomi. For everyone to make some money, theyโ€™re also working hard. After two days, they all went on trading contracts, in coordination with a period of time afterward for a tech-stock listing. Everyone has the chance to earn a bitโ€”remember to add these three big-name brands #BABAUSDT . This is to pull all the funds into the traffic pool, so that liquidity keeps getting better, which is beneficial for the virtual currency market. Exactly how to operate will be told to everyone laterโ€”donโ€™t miss the chance to make some money. For now, Iโ€™ll post this first to see how much traffic there is. Iโ€™ll explain in the comments post tomorrow. Iโ€™m sleepy now, so Iโ€™m going to sleep first.
BABA is poised for a downturn after a clear market structure break, with key levels now in play. The current price action is screaming for a short entry, given the overwhelming bearish signals. โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ”ด BABA SHORT ๐Ÿ“‰ โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“ Entry Range: $111.1887 โ€“ $111.4113 ๐Ÿ›‘ Stop Loss: $114.6390 (-3.0%) ๐ŸŽฏ TP1: $109.6305 (+1.5%) ๐Ÿ† TP2: $105.7350 (+5.0%) โšก R/R Ratio: 1:1.7 ๐Ÿ“Š Confidence: 91% โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” This BABA short setup is backed by a potent mix of signals, including a confirmed market structure break, volume confirming the direction, a glaring fair value gap, and a well-defined order block - all converging with the fair value gap to create a high-probability short opportunity. The presence of a liquidity sweep further validates the trade, indicating a potential for a sharp move. Overall, the chart structure looks primed for a move downwards. Given the 3.0% stop loss, which is relatively wide for this scalp, a 2x leverage fits comfortably, allowing for a decent risk-reward ratio without over-exposing the trade to potential whipsaws. Taking partial profits at the first target, where the order block and fair value gap overlap, makes sense to bank some gains and ride out the rest, as this confluence often acts as a significant support or resistance zone. Not financial advice โ€” always manage your own risk ๐Ÿ™ #BABAUSDT $BABA #SMC #Write2Earn #Binance
BABA is poised for a downturn after a clear market structure break, with key levels now in play. The current price action is screaming for a short entry, given the overwhelming bearish signals.

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ”ด BABA SHORT ๐Ÿ“‰
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“ Entry Range: $111.1887 โ€“ $111.4113
๐Ÿ›‘ Stop Loss: $114.6390 (-3.0%)
๐ŸŽฏ TP1: $109.6305 (+1.5%)
๐Ÿ† TP2: $105.7350 (+5.0%)
โšก R/R Ratio: 1:1.7
๐Ÿ“Š Confidence: 91%
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

This BABA short setup is backed by a potent mix of signals, including a confirmed market structure break, volume confirming the direction, a glaring fair value gap, and a well-defined order block - all converging with the fair value gap to create a high-probability short opportunity. The presence of a liquidity sweep further validates the trade, indicating a potential for a sharp move. Overall, the chart structure looks primed for a move downwards.

Given the 3.0% stop loss, which is relatively wide for this scalp, a 2x leverage fits comfortably, allowing for a decent risk-reward ratio without over-exposing the trade to potential whipsaws.

Taking partial profits at the first target, where the order block and fair value gap overlap, makes sense to bank some gains and ride out the rest, as this confluence often acts as a significant support or resistance zone.

Not financial advice โ€” always manage your own risk ๐Ÿ™

#BABAUSDT $BABA #SMC #Write2Earn #Binance
BABAonAlpha
BABA-1.66%
BABAUS+0.11%
BABA is setting up for a long trade with a confidence level of 75%. Current market conditions indicate a favorable risk-to-reward ratio of 1:1.7. โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐ŸŸข BABA LONG ๐Ÿ“ˆ โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“ Entry Range: $112.5174 โ€“ $112.7426 ๐Ÿ›‘ Stop Loss: $109.2511 (-3.0%) ๐ŸŽฏ TP1: $114.3194 (+1.5%) ๐Ÿ† TP2: $118.2615 (+5.0%) โšก R/R Ratio: 1:1.7 ๐Ÿ“Š Confidence: 75% โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” The CHoCH signal has fired, indicating a break in market structure, while the CVD confirms direction with increasing volume. Additionally, the POI confluence of OB and FVG overlap strengthens the case for this setup. The overall structure suggests a potential move upwards. A 3.0% stop loss seems relatively tight, suggesting the use of lower leverage to manage risk effectively. Consider taking partial profits at the first target to lock in some gains and adjust the stop loss accordingly to maximize the remaining position's potential. Not financial advice โ€” always manage your own risk ๐Ÿ™ #BABAUSDT $BABA #SMC #Write2Earn #Binance
BABA is setting up for a long trade with a confidence level of 75%. Current market conditions indicate a favorable risk-to-reward ratio of 1:1.7.

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐ŸŸข BABA LONG ๐Ÿ“ˆ
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“ Entry Range: $112.5174 โ€“ $112.7426
๐Ÿ›‘ Stop Loss: $109.2511 (-3.0%)
๐ŸŽฏ TP1: $114.3194 (+1.5%)
๐Ÿ† TP2: $118.2615 (+5.0%)
โšก R/R Ratio: 1:1.7
๐Ÿ“Š Confidence: 75%
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

The CHoCH signal has fired, indicating a break in market structure, while the CVD confirms direction with increasing volume. Additionally, the POI confluence of OB and FVG overlap strengthens the case for this setup. The overall structure suggests a potential move upwards.

A 3.0% stop loss seems relatively tight, suggesting the use of lower leverage to manage risk effectively.

Consider taking partial profits at the first target to lock in some gains and adjust the stop loss accordingly to maximize the remaining position's potential.

Not financial advice โ€” always manage your own risk ๐Ÿ™

#BABAUSDT $BABA #SMC #Write2Earn #Binance
ยท
--
Bullish
$BABA - after a sharp surge of 10% within a day, consolidation is underway around $107 - a classic reversal occurred following a strong impulsive breakout. Price moved upward out of a falling wedge that had been forming throughout June. A strong uptrend has been established with a large gap. Currently, the RSI is holding in the 60โ€“65 zone, indicating moderate buying strength without overheating. MACD remains positive, and trading volumes are high at 36M USDT. Open interest is increasing, confirming interest in long positions Long $BABA {future}(BABAUSDT) Entry 106.80 - 107.10 Stop 105.80 Target 109.50 - 110.00 if the price breaks below $105.80, the long scenario is cancelled DYOR #BABA #BABAUSDT
$BABA - after a sharp surge of 10% within a day, consolidation is underway around $107 - a classic reversal occurred following a strong impulsive breakout. Price moved upward out of a falling wedge that had been forming throughout June. A strong uptrend has been established with a large gap. Currently, the RSI is holding in the 60โ€“65 zone, indicating moderate buying strength without overheating. MACD remains positive, and trading volumes are high at 36M USDT. Open interest is increasing, confirming interest in long positions
Long $BABA
Entry 106.80 - 107.10
Stop 105.80
Target 109.50 - 110.00
if the price breaks below $105.80, the long scenario is cancelled
DYOR
#BABA
#BABAUSDT
๐Ÿฎ Stability and sustainable growth in the momentum of rising is the most noble goal that the entire market is striving for. ๐Ÿ’Ž LONG $BABA Entry: 109.65 TP: 115.132 | SL: 98.685 ๐ŸŒ’ Capital hidden within cold wallets is waiting for the moment to explode. ๐Ÿ“‰ Trend-following traders are starting to increase their long positions. ๐Ÿ” Conduct thorough analysis, enter the trade decisively, and manage risk with absolute precision. ๐Ÿ€ Wishing you a day filled with prosperity and the best news from the exchange. #BABAUSDT $BABAUSDT
๐Ÿฎ Stability and sustainable growth in the momentum of rising is the most noble goal that the entire market is striving for.

๐Ÿ’Ž LONG $BABA
Entry: 109.65
TP: 115.132 | SL: 98.685

๐ŸŒ’ Capital hidden within cold wallets is waiting for the moment to explode.
๐Ÿ“‰ Trend-following traders are starting to increase their long positions.
๐Ÿ” Conduct thorough analysis, enter the trade decisively, and manage risk with absolute precision.
๐Ÿ€ Wishing you a day filled with prosperity and the best news from the exchange.

#BABAUSDT $BABAUSDT
ยท
--
Bullish
Urgent: Right now I placed an order to buy Baba at a price of 98.05 to stop my loss and my target is shown in the picture. #baba $BABA #babausdt
Urgent: Right now I placed an order to buy Baba at a price of 98.05 to stop my loss and my target is shown in the picture. #baba $BABA #babausdt
BABA is poised for a significant move upwards, fueled by a potent combination of technical signals and market structure. The current price action presents a high-probability long opportunity, with a well-defined risk-reward ratio. โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐ŸŸข BABA LONG ๐Ÿ“ˆ โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“ Entry Range: $92.1577 โ€“ $92.3422 ๐Ÿ›‘ Stop Loss: $89.4825 (-3.0%) ๐ŸŽฏ TP1: $93.6337 (+1.5%) ๐Ÿ† TP2: $96.8625 (+5.0%) โšก R/R Ratio: 1:1.7 ๐Ÿ“Š Confidence: 91% โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” This BABA long setup is particularly compelling due to the convergence of the CHoCH, CVD, FVG, OB, and POI confluence signals, which collectively suggest a strong bullish impulse. The market structure, marked by a clear break of the previous high and a pronounced fair value gap, supports the notion of an impending price surge. With these signals firing in tandem, the probability of a successful trade increases substantially. A 3.0% stop loss may be considered relatively tight, but given the favorable risk-reward ratio of 1:1.7, it's manageable with appropriate leverage, likely requiring a moderate to low leverage setup to maintain a comfortable risk profile. Taking partial profits at the first target point could be a prudent strategy, allowing traders to lock in some gains while still leaving room for the trade to develop further and reach its full potential. Not financial advice โ€” always manage your own risk ๐Ÿ™ #BABAUSDT $BABA #SMC #Write2Earn #Binance
BABA is poised for a significant move upwards, fueled by a potent combination of technical signals and market structure. The current price action presents a high-probability long opportunity, with a well-defined risk-reward ratio.

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐ŸŸข BABA LONG ๐Ÿ“ˆ
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“ Entry Range: $92.1577 โ€“ $92.3422
๐Ÿ›‘ Stop Loss: $89.4825 (-3.0%)
๐ŸŽฏ TP1: $93.6337 (+1.5%)
๐Ÿ† TP2: $96.8625 (+5.0%)
โšก R/R Ratio: 1:1.7
๐Ÿ“Š Confidence: 91%
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

This BABA long setup is particularly compelling due to the convergence of the CHoCH, CVD, FVG, OB, and POI confluence signals, which collectively suggest a strong bullish impulse. The market structure, marked by a clear break of the previous high and a pronounced fair value gap, supports the notion of an impending price surge. With these signals firing in tandem, the probability of a successful trade increases substantially.

A 3.0% stop loss may be considered relatively tight, but given the favorable risk-reward ratio of 1:1.7, it's manageable with appropriate leverage, likely requiring a moderate to low leverage setup to maintain a comfortable risk profile.

Taking partial profits at the first target point could be a prudent strategy, allowing traders to lock in some gains while still leaving room for the trade to develop further and reach its full potential.

Not financial advice โ€” always manage your own risk ๐Ÿ™

#BABAUSDT $BABA #SMC #Write2Earn #Binance
BABAonAlpha
BABAUS+0.11%
ยท
--
IA | BNP Paribas Asset Management finds value in Chinese technology shares amid an AI rotation BNP Paribas Asset Managementโ€™s portfolio manager, Sophie Huynh, said she sees value in Chinese technology stocks as an AI-driven market rotation develops, according to Bloomberg. Huynh told Bloomberg Television that China is โ€œjust six months behindโ€ the U.S. in AI frontier models, while โ€œAI frontier models in the U.S. stay in the U.S.โ€, and said that Europe is โ€œstuck in the middleโ€. $BABA #BABAUSDT
IA | BNP Paribas Asset Management finds value in Chinese technology shares amid an AI rotation

BNP Paribas Asset Managementโ€™s portfolio manager, Sophie Huynh, said she sees value in Chinese technology stocks as an AI-driven market rotation develops, according to Bloomberg.
Huynh told Bloomberg Television that China is โ€œjust six months behindโ€ the U.S. in AI frontier models, while โ€œAI frontier models in the U.S. stay in the U.S.โ€, and said that Europe is โ€œstuck in the middleโ€.

$BABA #BABAUSDT
ยท
--
Bullish
ยท
--
STOCKS | Tencent ADR Drops 2.6% After Fed Maintains Interest Rates but Shows Hawkish StanceUS stocks took a hit after the Federal Reserve kept interest rates unchanged, but the dot plot shows a more hawkish stance. In ADR trading linked to Hong Kong, according to Ming Pao, Tencent dropped 2.6% to HK$436.68, Alibaba fell 3.18% to HK$105.23, Meituan slid 1.46% to HK$73.96, HSBC rose 0.82% to HK$149.23, and China Construction Bank dropped 2.99% to HK$8.61. Hong Kong futures closed down 63 points at 24,200. #BABAon #BABAUSDT

STOCKS | Tencent ADR Drops 2.6% After Fed Maintains Interest Rates but Shows Hawkish Stance

US stocks took a hit after the Federal Reserve kept interest rates unchanged, but the dot plot shows a more hawkish stance. In ADR trading linked to Hong Kong, according to Ming Pao, Tencent dropped 2.6% to HK$436.68, Alibaba fell 3.18% to HK$105.23, Meituan slid 1.46% to HK$73.96, HSBC rose 0.82% to HK$149.23, and China Construction Bank dropped 2.99% to HK$8.61.
Hong Kong futures closed down 63 points at 24,200.
#BABAon #BABAUSDT


After an old dog took a glance, $BABA is currently quoted at 119.36000, up 2.684% over the past 24 hours. Trading volume is 29.87 million. A strengthening price isnโ€™t that surprising, but what really stands out is the funding rate reaching 0.00036835. Open interest is 87,897.23. Looking only at the percentage increase makes the move seem smooth, but if you put the funding rate and open interest together, the order book is already a bit crowded. Letโ€™s be clear about direction first: a positive funding rate means longs pay shorts, which indicates that long positions are more crowded. As $BABA rises, it continues to maintain a positive funding rate of 0.00036835. The chasing money is paying ongoing costs to hold positions. Whatโ€™s missing is the change rate of open interestโ€”so you canโ€™t say itโ€™s a fresh build-up driving the rally, or shorts being forced out. Still, that existing pile of 87,897.23 is enough for me to closely watch what happens next. If the price keeps pushing higher, open interest rises in sync, and the funding rate keeps ticking up, then top-side crowding and the risk of long liquidations will both be amplified. If open interest falls while the price holds steady, that actually suggests high leverage is being digested. Right now thereโ€™s no comparison data from the same sector, and no announcement catalyst eitherโ€”so the old dog wonโ€™t force a narrative that this +2.684% is the lead move just by itself. I back-calculate from the current price and the 24-hour increase to estimate this leg started around 116.24. If it breaks below 116.24, Iโ€™ll clear the test position, because that dayโ€™s gains basically gave back. If the price holds above 119.36000, and the funding rate drops noticeably from 0.00036835 without open interest rapidly inflating, then Iโ€™ll add to reach half position. If the price rises but the funding rate keeps climbing, I choose to observe with a light positionโ€”never hard-chase in a crowded setup. When the market sees an uptick and immediately shouts that the trend has started, I stay cautious. Without announcements or sector comparisons, leverage heat is more believable than the story. Last time the old dog saw it turn red and chased it, only to get stuck in those crowded positions and unable to get out. This time, Iโ€™ll first let the funding rate finish the sentence. Trading tag: #BinanceFutures #TradFi #USDโ“ˆM #BABA #BABAUSDT $BABA
After an old dog took a glance, $BABA is currently quoted at 119.36000, up 2.684% over the past 24 hours. Trading volume is 29.87 million. A strengthening price isnโ€™t that surprising, but what really stands out is the funding rate reaching 0.00036835. Open interest is 87,897.23. Looking only at the percentage increase makes the move seem smooth, but if you put the funding rate and open interest together, the order book is already a bit crowded.

Letโ€™s be clear about direction first: a positive funding rate means longs pay shorts, which indicates that long positions are more crowded. As $BABA rises, it continues to maintain a positive funding rate of 0.00036835. The chasing money is paying ongoing costs to hold positions. Whatโ€™s missing is the change rate of open interestโ€”so you canโ€™t say itโ€™s a fresh build-up driving the rally, or shorts being forced out. Still, that existing pile of 87,897.23 is enough for me to closely watch what happens next. If the price keeps pushing higher, open interest rises in sync, and the funding rate keeps ticking up, then top-side crowding and the risk of long liquidations will both be amplified. If open interest falls while the price holds steady, that actually suggests high leverage is being digested. Right now thereโ€™s no comparison data from the same sector, and no announcement catalyst eitherโ€”so the old dog wonโ€™t force a narrative that this +2.684% is the lead move just by itself.

I back-calculate from the current price and the 24-hour increase to estimate this leg started around 116.24. If it breaks below 116.24, Iโ€™ll clear the test position, because that dayโ€™s gains basically gave back. If the price holds above 119.36000, and the funding rate drops noticeably from 0.00036835 without open interest rapidly inflating, then Iโ€™ll add to reach half position. If the price rises but the funding rate keeps climbing, I choose to observe with a light positionโ€”never hard-chase in a crowded setup. When the market sees an uptick and immediately shouts that the trend has started, I stay cautious. Without announcements or sector comparisons, leverage heat is more believable than the story.

Last time the old dog saw it turn red and chased it, only to get stuck in those crowded positions and unable to get out. This time, Iโ€™ll first let the funding rate finish the sentence.

Trading tag: #BinanceFutures #TradFi #USDโ“ˆM #BABA #BABAUSDT $BABA
BABA is up 5.77% today, trading at 120.78. In the past 24 hours, trading volume hit 34.85 million USDT. I took a quick look at the open positions: around 50,000 shares or so were added/cleared, and the funding rate was set to zeroโ€”no funding fees whatsoever. With such a big move, itโ€™s surprising that the bulls didnโ€™t pile in. This kind of picture hasnโ€™t shown up on the tradfi perp side for a while. Why did it suddenly spike like this? Old Dog mapped it back against the semiconductor/AI chain and it becomes clear: in the U.S. market, NVDA has been moving sideways around the 900 area for two weeks; MU surged above 130 and then withered back; AMD, meanwhile, looks like it hasnโ€™t even fully woken up. Clearly, capital is flowing from the hardware end toward the application and platform layers. BABAโ€™s cloud and AI model deployments just happen to sit right on this โ€œoverflowโ€ zoneโ€”plainly speaking, itโ€™s a delayed catch-up move. The cycle position also supports this interpretation. Last Octoberโ€™s move pulled it from 80 to 115, then it consolidated for a few months. The value zone gradually lifted from around 90 up to 110. This time, breaking through 120 looks more like the start of a second phase, not the end of a wild sprint. A funding rate of zero is the most honest signal: neither side needs to pay protection fees. There isnโ€™t a crowded, high-leverage setup artificially pushing it higherโ€”so itโ€™s not going to rocket just because of squeezed leverage. The OI level of ~50,000 on BABA is relatively moderate. Iโ€™ve watched the order book for a few daysโ€”there hasnโ€™t been any sudden dumping of big orders piled up. It feels more like a steady, fragmented spot-buying pressure slowly nudging it higher. That kind of slow push is far more solid than a rally propped up by high funding rates. The last time it had a similar โ€œflavorโ€ was July 2023, when BABA kept pulling up for ten-plus points and the funding rate was also pinned near the floor. Later, it surged to around 100 but didnโ€™t hold and rolled over. Back then, the value zone was just a bit above 85; now the base is higher. Same script, but the outcome might not be the same. Meanwhile MU: during its high-level consolidation, positions were shrinking both openly and quietly. Some money cut out to find value elsewhere. For BABAโ€”an asset that didnโ€™t fly on this kind of price action, whose narrative had just turned the cornerโ€”this time it caught the wave. A lot of people in the market are still calling the previous high as resistance, saying BABA canโ€™t get past 125 and will drop back below 90. Old Dog is singing the opposite tune this time: the narrative of AI spreading from hardware to platforms has just begun. BABA isnโ€™t โ€œcheap,โ€ but itโ€™s also definitely not โ€œexpensive.โ€ While capital seeks certainty, it also looks for places where the position structure is clean. A zero funding rate and evenly distributed buying orders are exactly what โ€œcleanโ€ looks like. My cost basis is 119.5โ€”I took a bite and started probing with a light position. Trading tag: #BinanceFutures #TradFi #USDโ“ˆM #BABA #BABAUSDT $BABA
BABA is up 5.77% today, trading at 120.78. In the past 24 hours, trading volume hit 34.85 million USDT. I took a quick look at the open positions: around 50,000 shares or so were added/cleared, and the funding rate was set to zeroโ€”no funding fees whatsoever. With such a big move, itโ€™s surprising that the bulls didnโ€™t pile in. This kind of picture hasnโ€™t shown up on the tradfi perp side for a while.

Why did it suddenly spike like this? Old Dog mapped it back against the semiconductor/AI chain and it becomes clear: in the U.S. market, NVDA has been moving sideways around the 900 area for two weeks; MU surged above 130 and then withered back; AMD, meanwhile, looks like it hasnโ€™t even fully woken up. Clearly, capital is flowing from the hardware end toward the application and platform layers. BABAโ€™s cloud and AI model deployments just happen to sit right on this โ€œoverflowโ€ zoneโ€”plainly speaking, itโ€™s a delayed catch-up move.

The cycle position also supports this interpretation. Last Octoberโ€™s move pulled it from 80 to 115, then it consolidated for a few months. The value zone gradually lifted from around 90 up to 110. This time, breaking through 120 looks more like the start of a second phase, not the end of a wild sprint. A funding rate of zero is the most honest signal: neither side needs to pay protection fees. There isnโ€™t a crowded, high-leverage setup artificially pushing it higherโ€”so itโ€™s not going to rocket just because of squeezed leverage. The OI level of ~50,000 on BABA is relatively moderate. Iโ€™ve watched the order book for a few daysโ€”there hasnโ€™t been any sudden dumping of big orders piled up. It feels more like a steady, fragmented spot-buying pressure slowly nudging it higher. That kind of slow push is far more solid than a rally propped up by high funding rates.

The last time it had a similar โ€œflavorโ€ was July 2023, when BABA kept pulling up for ten-plus points and the funding rate was also pinned near the floor. Later, it surged to around 100 but didnโ€™t hold and rolled over. Back then, the value zone was just a bit above 85; now the base is higher. Same script, but the outcome might not be the same.

Meanwhile MU: during its high-level consolidation, positions were shrinking both openly and quietly. Some money cut out to find value elsewhere. For BABAโ€”an asset that didnโ€™t fly on this kind of price action, whose narrative had just turned the cornerโ€”this time it caught the wave. A lot of people in the market are still calling the previous high as resistance, saying BABA canโ€™t get past 125 and will drop back below 90. Old Dog is singing the opposite tune this time: the narrative of AI spreading from hardware to platforms has just begun. BABA isnโ€™t โ€œcheap,โ€ but itโ€™s also definitely not โ€œexpensive.โ€ While capital seeks certainty, it also looks for places where the position structure is clean. A zero funding rate and evenly distributed buying orders are exactly what โ€œcleanโ€ looks like.

My cost basis is 119.5โ€”I took a bite and started probing with a light position.

Trading tag: #BinanceFutures #TradFi #USDโ“ˆM #BABA #BABAUSDT $BABA
ยท
--
BABA/USDT (15m) trading inside a Channel Down pattern ๐Ÿ“‰ ๐Ÿ”ป Resistance touches: 3 ๐Ÿ”บ Support touches: 2 Price is holding within a descending channel, ranging between 112.5 and 113.15 Descending channels often continue trending down until a breakout above resistance is confirmed. Watching for a shift in structure here. #BABA #BABAUSDT #CryptoTA #ChannelDown #Binance Chart via ChartScout.io
BABA/USDT (15m) trading inside a Channel Down pattern ๐Ÿ“‰

๐Ÿ”ป Resistance touches: 3
๐Ÿ”บ Support touches: 2

Price is holding within a descending channel, ranging between 112.5 and 113.15

Descending channels often continue trending down until a breakout above resistance is confirmed. Watching for a shift in structure here.

#BABA #BABAUSDT #CryptoTA #ChannelDown #Binance

Chart via ChartScout.io
110 ็š„ BABA ๆจชๅœจ็œผๅ‰๏ผŒ่€็‹—ๆ‰ซไบ†็œผ่ต„้‡‘่ดน็އ๏ผŒ้›ถใ€‚่ฟ™ไธชๆ•ฐๆŒบๅนฒๅ‡€๏ผŒๅคš็ฉบไธคๅคด่ฐไนŸไธๆƒณๆ‰›ๅˆฉๆฏ๏ผŒOI ่ถด็€ 6.7 ไธ‡๏ผŒไบŒๅๅ››ๅฐๆ—ถๆˆไบค้‡็ˆฌๅˆฐ 4374 ไธ‡๏ผŒไปทๆ ผๅพ€ไธŠ่ตฐไบ†ๅไบŒไธช็‚นใ€‚ๆฒกๆถˆๆฏใ€ๆฒก่ดน็އๅ€พๆ–œใ€ๆฒก็ˆ†้‡๏ผŒ็บฏ้ ็Žฐ่ดงๆ‹–็€ๅˆ็บฆ่ตฐ๏ผŒ่ฟ™็งๆถจๆณ•ๆˆ‘่ง่ฟ‡๏ผŒ่ฆไนˆๆ˜ฏๆœ‰ไบบๆๅ‰็Ÿฅ้“ไบ†็‚นไป€ไนˆ๏ผŒ่ฆไนˆๅฐฑๆ˜ฏ็บฏๆŠ€ๆœฏ็›˜็š„็ฉบๅคดๅ›ž่กฅใ€‚ politics ๆ ‡็ญพๆŒ‚ๅœจ้‚ฃๅ„ฟ๏ผŒ่€็‹—็ฟปไบ†ไธ€ๅœˆๅ…ฌๅ‘Šๆ ๏ผŒ็ฉบ็š„๏ผŒๆฒกๅ•ฅๅฎž่ดจ่ฝๅœฐ็š„ไธœ่ฅฟใ€‚้‚ฃ่ฟ™ๅไบŒไธช็‚นๅพˆๅฏ่ƒฝๆ˜ฏ็พŽ่‚กๆ˜ ๅฐ„่ฟ‡ๆฅ็š„่ขซๅŠจๆ‹‰ๅŠจ๏ผŒๆˆ–่€…ๆŸไธชๅคงๅ•ๆŠŠๆญขๆŸ้›†ไธญๆ‰ซไบ†ใ€‚ๆˆ‘็›ฏไบ†้“พไธŠ็Žฐ่ดงๆตๅ‘๏ผŒๅ‰ๅ‡ ๅไธชๅคงๅœฐๅ€ๅŠจ้™ไธๅคง๏ผŒๆตๅ…ฅๆตๅ‡บๅŸบๆœฌๅฏนๅ†ฒ๏ผŒๆฒกๆœ‰ๅ…ธๅž‹ๆ‹‰็›˜ๅ‰้‚ฃ็ง้›†ไธญๅธ็ญน็—•่ฟนใ€‚ๅ€’ๆ˜ฏๆœ‰ๅ‡ ไธชๅšๅธ‚ๅ•†้’ฑๅŒ…ๅœจ 108 ้™„่ฟ‘ๆŽฅไบ†็‚น่ดง๏ผŒ้‡ไนŸไธๅคธๅผ ใ€‚่ฆ่ฏด่ฟ™ๆ˜ฏๆ–ฐไธ€่ฝฎๅ™ไบ‹ๅฏๅŠจ๏ผŒๆˆ‘ๆš‚ๆ—ถไธๆ•ข่ฎค๏ผŒๆ›ดๅคšๅƒไธ€ๆฌกๅฎšไฝ็ƒๆœบไผšใ€‚ ๅœจ่ฟ™็งๆฒกๆœ‰่ดน็އไฟกๅทใ€ๆฒกๆœ‰ๆ˜Ž็กฎๅ‚ฌๅŒ–็š„ๅผ‚ๅŠจ้‡Œ๏ผŒๆœ€ๅฎนๆ˜“็Šฏ็š„้”™ๅฐฑๆ˜ฏ่ฟฝ่ฟ›ๅŽปไน‹ๅŽๅ‘็Žฐๆ˜ฏๅŒบ้—ดไธŠๆฒฟ็š„ๅ‡็ช็ ดใ€‚ไฝ†ๅฅฝๅค„ไนŸๅœจ่ฟ™ๅ„ฟ๏ผŒๆญฃๅ› ไธบ่ต„้‡‘่ดน็އ่ถด้›ถ๏ผŒๅคšๅคดไธ็ฎ—ๆ‹ฅๆŒค๏ผŒไธ‡ไธ€็œŸ็ช็ ด๏ผŒไธŠๆ–น็ฉบ้—ดๅ่€Œๆฒก้‚ฃไนˆๅคš่ดŸๅ€บๅŒ…่ขฑใ€‚ๆ‰€ไปฅๆˆ‘่‡ชๅทฑ็š„ๆ‰“็ฎ—ๅพˆ็ฎ€ๅ•๏ผšๅฆ‚ๆžœๆ˜Žๆ™šไน‹ๅ‰็ซ™ไธไธŠ 114๏ผŒๆˆ–่€…่ทŒ็ ด 108๏ผŒ่€็‹—ๅ‡ๆމๅคงๅŠ๏ผŒไธ็•™ๅฟตๆƒณใ€‚ๅฆ‚ๆžœๅฎˆไฝ 110 ๅนถไธ” OI ๅ…ˆ้™ๅˆฐ 6 ไธ‡ไปฅไธ‹ๅ†ๅ›žๅ‡๏ผŒๆˆ‘ไผšๅฐไป“ไฝ่ฏ•ๆŽขๆ€งๅœฐๅŠ ไธ€็ฌ”๏ผŒๆญขๆŸๆ”พๅœจ 106 ไธ‹้ขใ€‚ๅธ‚ๅœบ็Žฐๅœจๅ…ซๆˆๅฃฐ้Ÿณๅœจๅ–Š่ง้กถ้€ƒๅ‘ฝ๏ผŒๆˆ‘ๅ่€Œ่ง‰ๅพ—ๆฒกๆ‹ฅๆŒคๅฐฑ่ฐˆไธไธŠ้กถ๏ผŒๅ“ชๆ€•่ฟ™ๆ˜ฏไธชๅ‡็ช็ ด๏ผŒๅ›žๆ’คไนŸไผšๆฏ”่พƒๆธฉๆŸ”๏ผŒไธๆ˜ฏ้‚ฃ็งไธ€ๅฃๆฐ”ๆ€ๅไธช็‚น็š„ๅˆ€ใ€‚ ๅฝ“็„ถ่€็‹—ไนŸไธๆ˜ฏๆฒก่ขซ่ฟ™็ง่ตฐๅŠฟ้ช—่ฟ‡ใ€‚ไธŠไธคไธชๆœˆไนŸๆ˜ฏ็ฑปไผผไธ€ๆ น้˜ณ็บฟ้กถๅœจ้˜ปๅŠ›ๅŒบ๏ผŒๆˆ‘ๅ’ฌ็‰™ๅ†ฒ่ฟ›ๅŽป๏ผŒ็ป“ๆžœๆจชไบ†ไธ‰ๅคฉ็›ดๆŽฅๅๅŒ…๏ผŒไบๅพ—ๅˆ้ฅญ้ƒฝ็œไบ†ใ€‚ Trading tag: #BinanceFutures #TradFi #USDโ“ˆM #BABA #BABAUSDT $BABA
110 ็š„ BABA ๆจชๅœจ็œผๅ‰๏ผŒ่€็‹—ๆ‰ซไบ†็œผ่ต„้‡‘่ดน็އ๏ผŒ้›ถใ€‚่ฟ™ไธชๆ•ฐๆŒบๅนฒๅ‡€๏ผŒๅคš็ฉบไธคๅคด่ฐไนŸไธๆƒณๆ‰›ๅˆฉๆฏ๏ผŒOI ่ถด็€ 6.7 ไธ‡๏ผŒไบŒๅๅ››ๅฐๆ—ถๆˆไบค้‡็ˆฌๅˆฐ 4374 ไธ‡๏ผŒไปทๆ ผๅพ€ไธŠ่ตฐไบ†ๅไบŒไธช็‚นใ€‚ๆฒกๆถˆๆฏใ€ๆฒก่ดน็އๅ€พๆ–œใ€ๆฒก็ˆ†้‡๏ผŒ็บฏ้ ็Žฐ่ดงๆ‹–็€ๅˆ็บฆ่ตฐ๏ผŒ่ฟ™็งๆถจๆณ•ๆˆ‘่ง่ฟ‡๏ผŒ่ฆไนˆๆ˜ฏๆœ‰ไบบๆๅ‰็Ÿฅ้“ไบ†็‚นไป€ไนˆ๏ผŒ่ฆไนˆๅฐฑๆ˜ฏ็บฏๆŠ€ๆœฏ็›˜็š„็ฉบๅคดๅ›ž่กฅใ€‚

politics ๆ ‡็ญพๆŒ‚ๅœจ้‚ฃๅ„ฟ๏ผŒ่€็‹—็ฟปไบ†ไธ€ๅœˆๅ…ฌๅ‘Šๆ ๏ผŒ็ฉบ็š„๏ผŒๆฒกๅ•ฅๅฎž่ดจ่ฝๅœฐ็š„ไธœ่ฅฟใ€‚้‚ฃ่ฟ™ๅไบŒไธช็‚นๅพˆๅฏ่ƒฝๆ˜ฏ็พŽ่‚กๆ˜ ๅฐ„่ฟ‡ๆฅ็š„่ขซๅŠจๆ‹‰ๅŠจ๏ผŒๆˆ–่€…ๆŸไธชๅคงๅ•ๆŠŠๆญขๆŸ้›†ไธญๆ‰ซไบ†ใ€‚ๆˆ‘็›ฏไบ†้“พไธŠ็Žฐ่ดงๆตๅ‘๏ผŒๅ‰ๅ‡ ๅไธชๅคงๅœฐๅ€ๅŠจ้™ไธๅคง๏ผŒๆตๅ…ฅๆตๅ‡บๅŸบๆœฌๅฏนๅ†ฒ๏ผŒๆฒกๆœ‰ๅ…ธๅž‹ๆ‹‰็›˜ๅ‰้‚ฃ็ง้›†ไธญๅธ็ญน็—•่ฟนใ€‚ๅ€’ๆ˜ฏๆœ‰ๅ‡ ไธชๅšๅธ‚ๅ•†้’ฑๅŒ…ๅœจ 108 ้™„่ฟ‘ๆŽฅไบ†็‚น่ดง๏ผŒ้‡ไนŸไธๅคธๅผ ใ€‚่ฆ่ฏด่ฟ™ๆ˜ฏๆ–ฐไธ€่ฝฎๅ™ไบ‹ๅฏๅŠจ๏ผŒๆˆ‘ๆš‚ๆ—ถไธๆ•ข่ฎค๏ผŒๆ›ดๅคšๅƒไธ€ๆฌกๅฎšไฝ็ƒๆœบไผšใ€‚

ๅœจ่ฟ™็งๆฒกๆœ‰่ดน็އไฟกๅทใ€ๆฒกๆœ‰ๆ˜Ž็กฎๅ‚ฌๅŒ–็š„ๅผ‚ๅŠจ้‡Œ๏ผŒๆœ€ๅฎนๆ˜“็Šฏ็š„้”™ๅฐฑๆ˜ฏ่ฟฝ่ฟ›ๅŽปไน‹ๅŽๅ‘็Žฐๆ˜ฏๅŒบ้—ดไธŠๆฒฟ็š„ๅ‡็ช็ ดใ€‚ไฝ†ๅฅฝๅค„ไนŸๅœจ่ฟ™ๅ„ฟ๏ผŒๆญฃๅ› ไธบ่ต„้‡‘่ดน็އ่ถด้›ถ๏ผŒๅคšๅคดไธ็ฎ—ๆ‹ฅๆŒค๏ผŒไธ‡ไธ€็œŸ็ช็ ด๏ผŒไธŠๆ–น็ฉบ้—ดๅ่€Œๆฒก้‚ฃไนˆๅคš่ดŸๅ€บๅŒ…่ขฑใ€‚ๆ‰€ไปฅๆˆ‘่‡ชๅทฑ็š„ๆ‰“็ฎ—ๅพˆ็ฎ€ๅ•๏ผšๅฆ‚ๆžœๆ˜Žๆ™šไน‹ๅ‰็ซ™ไธไธŠ 114๏ผŒๆˆ–่€…่ทŒ็ ด 108๏ผŒ่€็‹—ๅ‡ๆމๅคงๅŠ๏ผŒไธ็•™ๅฟตๆƒณใ€‚ๅฆ‚ๆžœๅฎˆไฝ 110 ๅนถไธ” OI ๅ…ˆ้™ๅˆฐ 6 ไธ‡ไปฅไธ‹ๅ†ๅ›žๅ‡๏ผŒๆˆ‘ไผšๅฐไป“ไฝ่ฏ•ๆŽขๆ€งๅœฐๅŠ ไธ€็ฌ”๏ผŒๆญขๆŸๆ”พๅœจ 106 ไธ‹้ขใ€‚ๅธ‚ๅœบ็Žฐๅœจๅ…ซๆˆๅฃฐ้Ÿณๅœจๅ–Š่ง้กถ้€ƒๅ‘ฝ๏ผŒๆˆ‘ๅ่€Œ่ง‰ๅพ—ๆฒกๆ‹ฅๆŒคๅฐฑ่ฐˆไธไธŠ้กถ๏ผŒๅ“ชๆ€•่ฟ™ๆ˜ฏไธชๅ‡็ช็ ด๏ผŒๅ›žๆ’คไนŸไผšๆฏ”่พƒๆธฉๆŸ”๏ผŒไธๆ˜ฏ้‚ฃ็งไธ€ๅฃๆฐ”ๆ€ๅไธช็‚น็š„ๅˆ€ใ€‚

ๅฝ“็„ถ่€็‹—ไนŸไธๆ˜ฏๆฒก่ขซ่ฟ™็ง่ตฐๅŠฟ้ช—่ฟ‡ใ€‚ไธŠไธคไธชๆœˆไนŸๆ˜ฏ็ฑปไผผไธ€ๆ น้˜ณ็บฟ้กถๅœจ้˜ปๅŠ›ๅŒบ๏ผŒๆˆ‘ๅ’ฌ็‰™ๅ†ฒ่ฟ›ๅŽป๏ผŒ็ป“ๆžœๆจชไบ†ไธ‰ๅคฉ็›ดๆŽฅๅๅŒ…๏ผŒไบๅพ—ๅˆ้ฅญ้ƒฝ็œไบ†ใ€‚

Trading tag: #BinanceFutures #TradFi #USDโ“ˆM #BABA #BABAUSDT $BABA
The old dog glanced at the order book of $BABA . In the past 24 hours, it directly surged 10.858%, and the price was pinned around 109 with a pretty hard bullish candle. But what stopped my mouse wasnโ€™t the size of the riseโ€”it was that funding rate was actually sitting at zero, steady as a rock. You read that right: 0.00000000. Neither sideโ€”longs or shortsโ€”pays anyone. A few days ago, everyone was debating whether the shorts would press down again, but now the fee rate has been ground flat. My understanding is simple: the short positions that were supposed to blow up have basically been cleared out. The remaining adding-long positions and the short shorts covering have all reset to the same starting line. Open interest climbed to 68,908, and coupled with a 24-hour trading volume of 41.9 million. With volume like this stacked on top of a 10% rise, itโ€™s not something retail chaos drove out of panic. I even went through other tickers in the same sector to see if there was anyone who could match $BABA on both sides, and I couldnโ€™t find a player that really paired up with it. This round is basically its own solo run. Some people started discussing whether the sentiment around China concept stocks has completely reversed. The old dog doesnโ€™t trade by guessing sentimentโ€”only by reading what the chart shows. A funding rate at zero but price charging into double-digit gains is totally different from that dangerous high level where funding gets pushed to 0.1% by longs. If it were positive funding and stayed elevated, Iโ€™d ring the alarm immediately and say longs are too crowded. But right now itโ€™s neutral, which means the market is still hesitating: most people are shouting that 110 is a firm ceiling, yet they donโ€™t dare to actually dump it. This kind of half-belief rally usually lasts longer than a top driven by full-blown FOMO. Back a few months ago, there was a similar setup in the China concept rebound: the funding rate snapped back from negative to zero, OI got stuck at a high level, and then it kept getting propped up for a few more days before it finally lost steam. This time might not repeat the exact same patternโ€”but with the chip-rotation location positioned like this, forcing $BABA into a โ€œtop is comingโ€ script feels too rushed. My actions will follow the priceโ€”I wonโ€™t guess the direction. Above 109, I hold my spot and donโ€™t move it. If thereโ€™s an effective breakdown below 105 during the session, Iโ€™ll cut my position by half right away and wonโ€™t bet on any protection. On the upside, once it pushes past 112 on increased volume, Iโ€™ll add back up to about a half-position levelโ€”basically doing a right-side follow-through. Right now my overall exposure is on the light side, around 30%. Iโ€™m willing to work with this structure, but I wonโ€™t pile on a heavy bet. The old dog has been burned in China concept trades: in the 2021 peak, I didnโ€™t manage to exit, and I ended up turning a short-term move into a long-term stake. This time on $BABA , Iโ€™ve trained my legs and feet to move fasterโ€”when itโ€™s time to run, I wonโ€™t pump myself full of chicken soup. Trading tag: #BinanceFutures #TradFi #USDโ“ˆM #BABA #BABAUSDT $BABA
The old dog glanced at the order book of $BABA . In the past 24 hours, it directly surged 10.858%, and the price was pinned around 109 with a pretty hard bullish candle. But what stopped my mouse wasnโ€™t the size of the riseโ€”it was that funding rate was actually sitting at zero, steady as a rock. You read that right: 0.00000000. Neither sideโ€”longs or shortsโ€”pays anyone. A few days ago, everyone was debating whether the shorts would press down again, but now the fee rate has been ground flat. My understanding is simple: the short positions that were supposed to blow up have basically been cleared out. The remaining adding-long positions and the short shorts covering have all reset to the same starting line.

Open interest climbed to 68,908, and coupled with a 24-hour trading volume of 41.9 million. With volume like this stacked on top of a 10% rise, itโ€™s not something retail chaos drove out of panic.

I even went through other tickers in the same sector to see if there was anyone who could match $BABA on both sides, and I couldnโ€™t find a player that really paired up with it. This round is basically its own solo run. Some people started discussing whether the sentiment around China concept stocks has completely reversed. The old dog doesnโ€™t trade by guessing sentimentโ€”only by reading what the chart shows. A funding rate at zero but price charging into double-digit gains is totally different from that dangerous high level where funding gets pushed to 0.1% by longs. If it were positive funding and stayed elevated, Iโ€™d ring the alarm immediately and say longs are too crowded. But right now itโ€™s neutral, which means the market is still hesitating: most people are shouting that 110 is a firm ceiling, yet they donโ€™t dare to actually dump it.

This kind of half-belief rally usually lasts longer than a top driven by full-blown FOMO. Back a few months ago, there was a similar setup in the China concept rebound: the funding rate snapped back from negative to zero, OI got stuck at a high level, and then it kept getting propped up for a few more days before it finally lost steam. This time might not repeat the exact same patternโ€”but with the chip-rotation location positioned like this, forcing $BABA into a โ€œtop is comingโ€ script feels too rushed.

My actions will follow the priceโ€”I wonโ€™t guess the direction. Above 109, I hold my spot and donโ€™t move it. If thereโ€™s an effective breakdown below 105 during the session, Iโ€™ll cut my position by half right away and wonโ€™t bet on any protection. On the upside, once it pushes past 112 on increased volume, Iโ€™ll add back up to about a half-position levelโ€”basically doing a right-side follow-through. Right now my overall exposure is on the light side, around 30%. Iโ€™m willing to work with this structure, but I wonโ€™t pile on a heavy bet. The old dog has been burned in China concept trades: in the 2021 peak, I didnโ€™t manage to exit, and I ended up turning a short-term move into a long-term stake. This time on $BABA , Iโ€™ve trained my legs and feet to move fasterโ€”when itโ€™s time to run, I wonโ€™t pump myself full of chicken soup.

Trading tag: #BinanceFutures #TradFi #USDโ“ˆM #BABA #BABAUSDT $BABA
[M1_mag7] The old dog swept through BABAโ€™s data on Binanceโ€™s TradFi perpetuals. In the last 24 hours it pushed up 10.121% in one go, and now itโ€™s consolidating around the 106.95 level. This kind of move looks a bit conspicuous in on-chain US stock futures contracts: the open interest is only 68,792.92 contracts, which translates to just a few million in USDโ€”not much, and the pool is shallow like a tidal flat. With just a few lots of buy orders, the price can be pushed up and jump. Funding rates havenโ€™t budged at allโ€”still pinned at 0. Longs and shorts havenโ€™t paid anyone; this suggests the rally hasnโ€™t formed a one-sided overcrowding. People are still half-believingโ€”buyers chasing longs arenโ€™t being aggressive, and shorts arenโ€™t in a hurry to slap on a cap. Why pull only BABA? In the on-chain US stock sector, there isnโ€™t another counterpart that can really benchmark it. The mapped tokens for SPY and QQQ can still stir up broader market sentiment, but as for genuine China tech stocksโ€™ TradFi mapping, this is the only lone tree. Last night the US spot market moved in a dull, lukewarm way, yet in the futures book BABA alone put up double-digit swingsโ€”clearly showing that thereโ€™s nowhere else for the capital betting on a turnaround in China concept stocks to go, so everyone piled into this narrow alley. The Mag7 effect on-chain got moved here; itโ€™s like a lone charge. Correlation is correlation, but the elasticity is amplified by two to three times. It feels a bit like the time back when DOGE detached from BTC and ran independently. With no other targets to divert flows, BABA naturally leads the packโ€”no rotation. Let the old dog rant about the zero-fee-rate thing for a bit. When TradFi perps keep pushing higher in normal times, fees would have risen to above 0.03%โ€”with longs crowded in, the liquidation โ€œmineโ€ would be planted. What we have now is basically that neither side has tied the otherโ€™s hands. If itโ€™s up 10% yet the funding rate stays at zero, it means the bears havenโ€™t really been hurt enough to cut losses, or the market makers on the spot side are keeping the surface pressured. Based on the usual temperament of on-chain US stock perps, this structure often isnโ€™t finished yet. Once the spot market follows through, funding will flip positive, and the second waveโ€”the real bulldozer pushโ€”will finally step on the gas. The last time a similar setup happened was back in early in the year when BABA had just listed on Binance contracts: it kept clinging to near-zero funding and kept printing green days for several sessions. It was only after cleaning out a full half the leveraged retail positions in the middle that the market went on to rally again. This time, it may repeat in some degree. I canโ€™t say for certain, but the picture is sitting right in front of you. The old dogโ€™s logic is this: as long as BABA doesnโ€™t fall below 98 in the next 48 hoursโ€”this key psychological integer levelโ€”he wonโ€™t plan to move the half position heโ€™s holding. Trading tags: #BinanceFutures #TradFi #USDโ“ˆM #BABA #BABAUSDT $BABA
[M1_mag7]
The old dog swept through BABAโ€™s data on Binanceโ€™s TradFi perpetuals. In the last 24 hours it pushed up 10.121% in one go, and now itโ€™s consolidating around the 106.95 level. This kind of move looks a bit conspicuous in on-chain US stock futures contracts: the open interest is only 68,792.92 contracts, which translates to just a few million in USDโ€”not much, and the pool is shallow like a tidal flat. With just a few lots of buy orders, the price can be pushed up and jump. Funding rates havenโ€™t budged at allโ€”still pinned at 0. Longs and shorts havenโ€™t paid anyone; this suggests the rally hasnโ€™t formed a one-sided overcrowding. People are still half-believingโ€”buyers chasing longs arenโ€™t being aggressive, and shorts arenโ€™t in a hurry to slap on a cap.

Why pull only BABA? In the on-chain US stock sector, there isnโ€™t another counterpart that can really benchmark it. The mapped tokens for SPY and QQQ can still stir up broader market sentiment, but as for genuine China tech stocksโ€™ TradFi mapping, this is the only lone tree. Last night the US spot market moved in a dull, lukewarm way, yet in the futures book BABA alone put up double-digit swingsโ€”clearly showing that thereโ€™s nowhere else for the capital betting on a turnaround in China concept stocks to go, so everyone piled into this narrow alley. The Mag7 effect on-chain got moved here; itโ€™s like a lone charge. Correlation is correlation, but the elasticity is amplified by two to three times. It feels a bit like the time back when DOGE detached from BTC and ran independently. With no other targets to divert flows, BABA naturally leads the packโ€”no rotation.

Let the old dog rant about the zero-fee-rate thing for a bit. When TradFi perps keep pushing higher in normal times, fees would have risen to above 0.03%โ€”with longs crowded in, the liquidation โ€œmineโ€ would be planted. What we have now is basically that neither side has tied the otherโ€™s hands. If itโ€™s up 10% yet the funding rate stays at zero, it means the bears havenโ€™t really been hurt enough to cut losses, or the market makers on the spot side are keeping the surface pressured. Based on the usual temperament of on-chain US stock perps, this structure often isnโ€™t finished yet. Once the spot market follows through, funding will flip positive, and the second waveโ€”the real bulldozer pushโ€”will finally step on the gas. The last time a similar setup happened was back in early in the year when BABA had just listed on Binance contracts: it kept clinging to near-zero funding and kept printing green days for several sessions. It was only after cleaning out a full half the leveraged retail positions in the middle that the market went on to rally again. This time, it may repeat in some degree. I canโ€™t say for certain, but the picture is sitting right in front of you.

The old dogโ€™s logic is this: as long as BABA doesnโ€™t fall below 98 in the next 48 hoursโ€”this key psychological integer levelโ€”he wonโ€™t plan to move the half position heโ€™s holding.

Trading tags: #BinanceFutures #TradFi #USDโ“ˆM #BABA #BABAUSDT $BABA
Log in to explore more content
Join global crypto users on Binance Square
โšก๏ธ Get latest and useful information about crypto.
๐Ÿ’ฌ Trusted by the worldโ€™s largest crypto exchange.
๐Ÿ‘ Discover real insights from verified creators.
Email / Phone number