According to @strikecardano, the platform has introduced perpetual contracts, providing ADA traders with new leveraged trading opportunities and advanced risk management tools. This addition is expected to increase trading volume and liquidity for Cardano (ADA) derivatives, potentially impacting ADA price volatility and attracting institutional interest to the broader crypto derivatives market (source: @strikecardano).

According to Flood (@ThinkingUSD), Ethereum (ETH) currently presents a potential shorting opportunity as a hedge, citing that ETH open interest has surged dramatically while inflows into ETH ETFs remain significantly lower than those seen in Bitcoin ETFs and are unlikely to match them. For traders, this divergence between open interest growth and lagging ETF inflows may signal increased leverage and potential downside risk for ETH, making short positions a strategic hedge in current market conditions (source: Twitter/@ThinkingUSD, 2025-05-30).

According to @doctortraderr, a strategic short position on Bitcoin (BTC) has been initiated at the entry price of $84,843 with a leverage of 10X. The trade involves a margin of $25, representing 11% of the total position, and targets a price level of $78,700. This setup suggests a bearish outlook, aiming for a significant price drop. Traders should monitor market conditions closely as the high leverage increases risk, potentially leading to rapid changes in position value.