#SpotVSFuturesStrategy Today, BTC is over $109,000, implying a staggering 140,000-fold return for the two whale addresses, which means that they have a strong incentive to liquidate their holdings. Many long-term holders have been selling their coins ever since BTC crossed above $100,000 in May.

That said, the latest transfers were made to non-exchange addresses, which have gone silent since receiving these coins. So, it's too early to conclude that the transfer operation is aimed at taking profits.Going long

Going long involves buying futures with the expectation that the asset will rise in value. If the underlying asset does increase in price, traders will profit. This is because traders can sell the futures contract for a higher price than that for which it was bought.

When you go long, you are effectively 'buying' the asset.

Going short

You would 'short' a position on a future (a.k.a. sell a futures contract) if you believe that the asset will fall in price. If the asset moves in the market direction that you predict, you'll make a profit.

Spread trading

As well as going long or short, there's also spread trading. This is where you simultaneously buy different futures contracts. When the price difference gets bigger or smaller, you can make a profit.

Spread trading futures strategies are used in two scenarios:

When you use the same underlying asset but different expiration dates; or

When you enter a position on two closely related products (such as crude oil and gas) but use the same expiration date.trading strategies

Pullbacks

One of the most powerful futures trading strategies is the pullback.

When a market is trending, there will often be momentary relapses or reversals in the direction of said trend. This relapse is called a pullback. They're common in futures trading and can be caused by several external factors – news events, for example.

If there is a strong trend on an asset, it limits the opportunities for traders to get involved in the trade. Pullbacks therefore open opportunities for more traders to piggyback on an existing trade, even if they missed the initial entry point.

Although pullbacks can be excellent for traders to enter a more beneficial position, they can lead to trend reversals. For this reason, they can be a risky strategy – so they're usually