According to BlockBeats, on May 10, according to Coinglass data, the current mainstream CEX and DEX capital rates show that the market has tended to be bullish on transactions. The specific mainstream currency funding rates are shown in the attached figure. BlockBeats Note: Funding rates are rates set by cryptocurrency trading platforms to maintain a balance between the contract price and the underlying asset price. They are usually applicable to perpetual contracts. It is a fund exchange mechanism between long and short traders, and the trading platform does not charge this fee. It is used to adjust the cost or benefit of the trader holding a contract to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it indicates the base rate. When the capital fee rate is greater than 0.01%, it means that the market is generally bullish. When the funding rate is less than 0.005%, it means that the market is generally bearish.

After eight years of cryptocurrency trading, my thoughts have been condensed into eight sentences:Firstly, if there is a significant decline in the morning, buying can be considered, and if there is a significant increase in the morning, selling is appropriate;Secondly, do not blindly chase after a sharp rise in the afternoon. If there is a sharp decline in the afternoon, you can buy at an appropriate time the next day;Thirdly, when encountering a sharp decline in the morning, do not hastily cut your meat. When the market does not rise or fall, it is advisable to rest and recuperate;Fourthly, do not sell until it has risen to a certain level, do not buy until it has plunged to a suitable price, and do not trade when it is in a sideways position;Fifth, tend to buy coins with a bearish trend, and choose coins with a bullish trend when selling;Sixth, only by daring to go against the mainstream market trend can extraordinary achievements be made;Seventh, when prices are consolidating at high and low levels, it is necessary to patiently wait for the market to further clarify;Eighth, when the market rises again after a high-level sideways trend, it is important to seize the opportunity and sell decisively.#BTC reaches a new high of 100000 # Historical Witness Check in # Trump to nominate pro crypto SEC chairman