#比特币持仓与投资 Seeing this set of data is quite interesting—BTC has returned to 90,000 USD, the perpetual contract open interest increased from 304,000 to 310,000, and the funding rate also jumped from 0.004% to 0.009%. What does this indicate? The bulls are seriously positioning, not just small-scale retail trading.

The end-of-year window is indeed prone to volatility, as institutions and professional traders are re-evaluating their positions. Recently, I’ve been observing how different types of traders are responding to this point—some aggressive traders are already leveraging up, while conservative traders are waiting for clearer signals before taking action.

The key is to understand your own risk tolerance. If you follow aggressive traders, the current funding rate isn’t too hot yet, but you should set proper stop-losses; if you follow conservative traders, you might still be waiting for a better entry point or already holding a light position. My advice is not to rush all-in; staggered positioning is always a smarter choice—year-end volatility is high, and accumulation doesn’t mean an immediate surge. There are plenty of adjustment opportunities in between.

In practice, those who make money from copy trading are never the ones who follow the trend the fastest, but the ones who follow the most steadily.