🚨 Futures Alert
Not much I trust in this market, but the positioning data doesn't lie. Here's what jumped out:
INIT: funding at -0.776%.
Price +67.1% on the day, top traders' long/short at 0.93.
HOT: funding at -0.050%.
Price +4.6% on the day, top traders' long/short at 1.35.
Numbers this lopsided are why I keep the leverage dial low. No view on direction, just flagging them.
#Futures #CryptoTrading $INIT $HOT
Not much I trust in this market, but the positioning data doesn't lie. Here's what jumped out:
INIT: funding at -0.776%.
Price +67.1% on the day, top traders' long/short at 0.93.
HOT: funding at -0.050%.
Price +4.6% on the day, top traders' long/short at 1.35.
Numbers this lopsided are why I keep the leverage dial low. No view on direction, just flagging them.
#Futures #CryptoTrading $INIT $HOT