COIN: Summary of the discussion in the Miki community (19:00:11 ~ 20:00:11)

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三木
02-28
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1. Current recommendation: Long on COIN. Utilize Binance's current negative premium (below the US stock closing price) for funding rate arbitrage; significant arbitrage opportunities exist. Without clear signs of overextended upward movement or pullback, a tentative entry is suggested, awaiting market digestion over the weekend. 2. Position and Risk Management Recommendations: We recommend starting with a small position, focusing on risk control. Avoid holding positions during the fee-charging hours of Monday morning at 8 AM and afternoon at 4 PM. Close positions before midnight to set stop-loss and take-profit orders. Do not over-leverage; monitor order book and open interest to prevent risks arising from large positions. Be wary of escalating geopolitical tensions leading to price declines; use fee income to offset some losses. 3. Suitable for aggressive short-term arbitrage, leveraging time differences to quickly profit from funding rate fluctuations. Given the special catalyst of the weekend's suspension of US stock quotes, quick entry and exit are emphasized; avoid prolonged positions and pay close attention to the early impact of Monday's stock index futures opening on market expectations.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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