#永续合约市场 Bitcoin has once again risen back to 90,000. The open interest in perpetual contracts increased from 304,000 to 310,000 BTC, and the funding rate also rose from 0.004% to 0.009%... Seeing these numbers really left me stunned. What does this actually indicate? 🤔

Later, I realized that this is just the bulls re-accumulating positions, as everyone is preparing for the year-end market fluctuations. It feels like the entire market's enthusiasm is concentrated in the contract sector, but this also makes me a bit nervous — I heard that nearly 120,000 traders were liquidated within 24 hours, with the liquidation amount approaching $200 million.

I'm a bit conflicted now — is this an opportunity or a trap? Looking at the data and trend analysis, it seems like you need to be especially sensitive to support and resistance levels; one wrong move and you could get caught. Can anyone explain to beginners how to participate safely in perpetual contracts? Should I start with the smallest position to test the waters and gradually get a feel for it? The current market heat seems quite high, but I still want to understand risk management thoroughly before jumping in.