$BARD up to $0.1378, and below $0.115 I'm wrong.
Funding printed -0.745% per 4h while price is up 45.3% over 24h. Shorts are paying longs just to hold shorts, and open interest jumped 243.1% in 24h to about $7.3M. That is expensive carry, not free leverage.
Hourly volume already faded from $403.8M to $73.6M, so this move needs fresh fuel to clear $0.1378.
Which comes first, $0.1378 or $0.115?
Funding printed -0.745% per 4h while price is up 45.3% over 24h. Shorts are paying longs just to hold shorts, and open interest jumped 243.1% in 24h to about $7.3M. That is expensive carry, not free leverage.
Hourly volume already faded from $403.8M to $73.6M, so this move needs fresh fuel to clear $0.1378.
Which comes first, $0.1378 or $0.115?
