🚨 $ERA : funding at -0.204%
One perp on the board is doing something odd:
Price +14.3% on the day, top traders' long/short at 1.09.
What it means: Negative funding means shorts are paying longs to hold. Shorts are the crowded side here, and if price pushes up, forced short covering can make the move sharper.
Would you sit this one out or trade it small?
Not a call either way, just the numbers. Size carefully.
#Futures #CryptoTrading $ERA
One perp on the board is doing something odd:
Price +14.3% on the day, top traders' long/short at 1.09.
What it means: Negative funding means shorts are paying longs to hold. Shorts are the crowded side here, and if price pushes up, forced short covering can make the move sharper.
Would you sit this one out or trade it small?
Not a call either way, just the numbers. Size carefully.
#Futures #CryptoTrading $ERA
