What insights have you gained from Binance’s recent currency listing announcement? Give it a light tug.

First, Binance wants to expand its operating income by listing token contracts. Obviously, the trading volume and transaction volume of the popular currency contract business far exceed that of the spot business. Who would think that making too much money is too much?

Secondly, the criteria for listing tokens, although not specified, are random. Random tokens at random times, but if you are careful, you can find that the selected tokens are either popular tokens in the market and are not available on Binance; or they are available on Binance but have no contract varieties, and the spot price has been rising recently. Go crazy;

Thirdly, once the announcement of the opening of contract business is announced, there will normally be an opportunity to buy spot at a low point during the period from the opening of the contract. So far, there has never been a situation where after Binance announced the launch of a certain token contract, its spot price fell all the way to the opening of the contract. Binance has launched a certain token contract. I believe no one can interpret it as negative in the short term, right? You can grasp the timing of this spot by yourself, the price/performance ratio is relatively average, after all, the spot price has increased too much in the early stage;

Finally, regardless of whether the price of its token contract rises or falls after it goes online, the high and low points of the K-line closing in the first minute after it goes online can be used as clear points for long and short stop losses. If you want to go long, use the low in the first minute of opening as the stop loss line, and vice versa. Once the details are shared, it may not work in the future.

There are still some details, but space is limited so I will write these first. I am your Uncle Nakamoto Pear, slightly sweet🍐welcome to follow me.