$DJT 24-hour decline of 5.585% to 8.96, with the funding rate falling to zero. This structure is uncommon: price is moving lower while financing costs are zero, which suggests neither bulls nor bears have any urgent pressure to pay extra interest. Open interest is 28,343, with no obvious abnormal change. The decline looks more like a slow drip caused by insufficient liquidity, rather than active selling pressure from shorts.
My judgment is that there is currently a lack of directional capital entering the market. A zero funding rate means holding costs are neutral. Combined with the gradual price decline, this reflects a market waiting for a new driving factor, possibly macro sentiment or news specific to the underlying asset.
Trading tag: #TradFi #链上美股 #DJT
Where do you think this reasoning is most likely to be wrong?
My judgment is that there is currently a lack of directional capital entering the market. A zero funding rate means holding costs are neutral. Combined with the gradual price decline, this reflects a market waiting for a new driving factor, possibly macro sentiment or news specific to the underlying asset.
Trading tag: #TradFi #链上美股 #DJT
Where do you think this reasoning is most likely to be wrong?