$B
Alright, fam, let's talk about Coin B, because it's screaming loud and clear! Look at the action, it’s a whole drama unfolding.
Back in October, everyone was feeling themselves, green funding rates everywhere, stacking longs even as the price wiggled. Then BOOM, November hit, and suddenly everyone was paying to short. We saw funding go deep into the red, proper fear in the market as Coin B slid, hitting that juicy -0.06% mark.
But check this out, the plot thickened in December! Price was consolidating, doing its slow dance, chilling around that $90K zone, but the funding rates? Pure positive energy! Folks were lining up, paying premiums to hold their long positions, just waiting for the next move. This kind of persistent positive funding against a relatively flat price always gets my spidey senses tingling. It builds up a ton of liquidity for the market to chew through.
And then, just like that, early January, Coin B decided it had enough. Wham! A quick, sharp dip, massive negative funding spike down to the $80K mark, and then a bounce like a rubber ball. That's a classic flush, folks. All those eager longs who were paying hefty fees? They just got a quick trip to rekt-city.
This kind of aggressive reset, shaking out the weak hands and resetting funding, often precedes some spicy moves. The stage is set. Keep your eyes peeled, because Coin B isn't done with its show!
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#B