$MAGIC #Contract Trading
Long Alert | MAGIC Funding Rate Change
Current funding rate: -0.1153% (shorts pay, longs receive)
Previous funding rate: -0.0030% (shorts pay, longs receive)
Funding rate change: -0.1123%
The funding rate paid by shorts continues to deepen, and shorts are building positions
Market makers may be hunting shorts
Current price: 0.11222
Trigger level: 0.16369
Invalidation level: 0.10212
Levels to watch: 0.11895 / 0.12569
Market clues: Current funding rate -0.1153% (shorts pay, longs receive) / Previous funding rate -0.0030% (shorts pay, longs receive) / Funding rate change -0.1123% / The funding rate paid by shorts continues to deepen, and shorts are building positions / Market makers may be hunting shorts
A sustained change in the funding rate indicates that positions are becoming skewed to one side. You can enter early and follow the move long; the invalidation level is the stop-loss level.
Long Alert | MAGIC Funding Rate Change
Current funding rate: -0.1153% (shorts pay, longs receive)
Previous funding rate: -0.0030% (shorts pay, longs receive)
Funding rate change: -0.1123%
The funding rate paid by shorts continues to deepen, and shorts are building positions
Market makers may be hunting shorts
Current price: 0.11222
Trigger level: 0.16369
Invalidation level: 0.10212
Levels to watch: 0.11895 / 0.12569
Market clues: Current funding rate -0.1153% (shorts pay, longs receive) / Previous funding rate -0.0030% (shorts pay, longs receive) / Funding rate change -0.1123% / The funding rate paid by shorts continues to deepen, and shorts are building positions / Market makers may be hunting shorts
A sustained change in the funding rate indicates that positions are becoming skewed to one side. You can enter early and follow the move long; the invalidation level is the stop-loss level.