BREV has recently disappointed me a bit. The key issue is not with the asset itself, but with the lack of execution power from the market makers — the funding rate has been unable to rise, which directly indicates concerns about market participation.
I recently made five trades, starting with a principal of 10,000 USDT and growing to 12,000 USDT, which looks like a profit of 2,000 USDT — not bad. But considering the costs of funding fees, the actual return rate isn't as impressive. After repeatedly tinkering, the efficiency is really average.
The subsequent strategy is clear: wait for the trading window around 1.20 to close, then shift to a short position. Instead of fighting the bulls here, it's better to go with the trend. The market signals are already quite clear.
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GhostChainLoyalist
· 4h ago
If the fee rate can't be increased, what does that mean? The big players probably already ran away, and we're still here picking up the bag.
Looking at 2000U, it seems like a lot, but after fees, it's just a huge loss.
Let's switch to short, anyway, the bulls have no chance anymore.
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SchroedingerGas
· 01-10 06:20
It's indeed awkward that the fee rate can't be increased; the market makers are a bit lazy too.
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GateUser-ccc36bc5
· 01-09 22:11
The market maker is too bad, they can't even move the fee rate. What's the point of this game?
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StealthMoon
· 01-09 11:52
The market maker is so bad, the fee rate can't be increased, what's the point of this game...
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Watching 2000U feels satisfying, but after deducting the fee rate, it's just working for the exchange. I'm also speechless.
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Wait for the window to close and then go short. Anyway, the bullish side has no more juice.
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Fighting over the five-character trade for half a day, might as well just go short directly. Too time-consuming.
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Can't even earn the funding fee, indicating low participation. BREV's current situation is a bit awkward.
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The return rate is average; rather than stubbornly fighting, it's better to follow the market signals.
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At the critical position of 1.20, it's indeed time to turn around. Going with the trend is the most comfortable.
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SerumSurfer
· 01-09 11:50
It's indeed awkward that the fee rate can't be increased; I can't see the market makers' determination.
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MysteryBoxBuster
· 01-09 11:50
If the funding fee can't go up, it means no one is playing. This market is indeed a bit cold.
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LiquidationOracle
· 01-09 11:48
The fact that the market maker lacks execution power is really incredible. If the funding rate can't be pushed up, what does that mean? It just means no one is buying in. When the rate cost eats into profits, the 2000U profit is directly reduced. That's why I don't really want to stubbornly fight on the long side anymore.
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SandwichTrader
· 01-09 11:45
This BREV, is the market maker just messing around or what? When the fee rate can't go up, it just shows the popularity is gone.
Made 2000U but still got fees deducted, net profit is so little, it's really not interesting. Repeated operations also hurt the hands.
Once the 1.20 level is broken, it's time to turn around. Instead of stubbornly fighting on the long side, it's better to follow the rhythm.
BREV has recently disappointed me a bit. The key issue is not with the asset itself, but with the lack of execution power from the market makers — the funding rate has been unable to rise, which directly indicates concerns about market participation.
I recently made five trades, starting with a principal of 10,000 USDT and growing to 12,000 USDT, which looks like a profit of 2,000 USDT — not bad. But considering the costs of funding fees, the actual return rate isn't as impressive. After repeatedly tinkering, the efficiency is really average.
The subsequent strategy is clear: wait for the trading window around 1.20 to close, then shift to a short position. Instead of fighting the bulls here, it's better to go with the trend. The market signals are already quite clear.