Phyrex
Phyrex|May 13, 2026 20:52
I don't have the courage to look at my CLUSDT position now, not because of losses. In fact, the position has already started to make profits today, but the total cost is still losing money. The main reason is because of the funding rate. The order opened on Sunday has already deducted 20% of the principal from the funding rate today. I sincerely hope that there will be positive news about WTI in the next two days. I am in a vacuum and not moving anymore. The current funding rate is a bit too high. I hope the good news can come soon. Trump has arrived in China, and the relationship with Iran should also be resolved during Trump's visit to China. Especially today, it was revealed that the US intelligence agency is investigating China's arms sales to Iran, which may increase the difficulty of Trump's negotiations. However, I think Trump and Xi Jinping probably already know the content to be discussed and the most likely way to answer in front of each other. Trump's choice to continue his visit to China is likely to be expected to gain good benefits. Now Trump is besieged in the United States. Although the US stock market is rising well, it is clear to all that AI is driving it. Industries other than AI are not ideal now. The local inflation in the United States continues to rise, and the cost of living of the people is also rising. Trump attacks Biden's oil price, which is far higher than that of Biden's time. High inflation, high interest rate and high cost of living are all very unfavorable to the mid-term election. Especially when Trump's tariff and foreign strategy are in trouble, Trump needs to add points. It is hoped that this visit to China will alleviate Trump's current predicament. In particular, Trump hopes that China can support Iran. Looking back at the data of Bitcoin, although the price of BTC has temporarily fallen below $80000, as I have always said, there is no problem with BTC at the data level, and all data are very stable. The main factor affecting the price is the short-term investors' selling, while the macro, economic, and policy factors affect the selling. Personally, I believe that BTC's response to macro data is higher than the current US stock index. After all, the incredible valuation of AI in the US stock market has driven the overall index up, masking the decline of many small and medium-sized enterprises. In fact, it's not just small and medium-sized enterprises. Nike, which I have always used as a measuring standard, has recently broken the lowest historical value in nearly 12 years. #Bitget is here, VIP! Crypto、 US shares CFD, Global advantage one-stop layout (Phyrex)
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