Binance Research: Crypto perpetual contracts "price up" for Wall Street, with an 89% accuracy rate in predicting the direction of the US stock market opening on Monday.

CoinFeed reported on April 11th that, according to research by Binance Research, crypto perpetual contracts built around traditional assets such as gold and crude oil are gradually taking on a "weekend price discovery" function. Their price movements have an accuracy rate of approximately 89% in predicting the direction of Wall Street's opening on Monday. Weekly trading volume for these contracts has reached approximately $31 billion, with a correlation of approximately 0.80. During traditional market closures, the crypto market can reflect approximately 57% of expected price changes in advance. As the market develops, weekend trading activity continues to increase, currently reaching approximately 38% of weekday levels. Analysis indicates that in highly volatile environments such as geopolitical conflicts, the crypto perpetual market has become an important channel for investors to hedge and react in real time. For example, during periods of tension in the Middle East, weekend trading volume for related contracts surged to approximately $8.1 billion, significantly higher than normal levels.