$IREN current price 45.88, down 1.16% over the past 24 hours. Traditional finance stocks on-chain contracts—right now the funding rate is zero. With open interest at 67,000, this looks like a low-volatility, wait-and-see phase.
Uncertainty in Trump’s policies on tariffs and energy is making this kind of asset choose to lie flat. A zero funding rate means neither bulls nor bears are interested in forcing the move. And the open interest not rising is also because, before event-driven catalysts, everyone has been waiting for signals.
In this low-volatility environment, it’s actually an opportunity to test. If it breaks below 44.5, I’m considering a long position with 2x leverage, and the stop-loss must be kept strictly at 43.
Trading tag: #TradFi #链上美股 #IREN
Where do you think this thesis is most likely to be wrong?
Uncertainty in Trump’s policies on tariffs and energy is making this kind of asset choose to lie flat. A zero funding rate means neither bulls nor bears are interested in forcing the move. And the open interest not rising is also because, before event-driven catalysts, everyone has been waiting for signals.
In this low-volatility environment, it’s actually an opportunity to test. If it breaks below 44.5, I’m considering a long position with 2x leverage, and the stop-loss must be kept strictly at 43.
Trading tag: #TradFi #链上美股 #IREN
Where do you think this thesis is most likely to be wrong?