$INTW 24 hours down 9.426%, funding rate -0.00065259, open interest 36067.92.
The decline plus the negative funding rate means bearish consensus is building up, and shorts keep paying longs. Once selling pressure starts to fade, the squeeze rebound will be very sharp.
I don’t chase shorts; I only try longs with the minimum order size. If price continues to break down and the negative funding rate widens, I exit immediately and wait for open interest to shrink.
Trading tag: #TradFi #链上美股 #INTW
Do you think the funding rate for INTW is reasonable?
The decline plus the negative funding rate means bearish consensus is building up, and shorts keep paying longs. Once selling pressure starts to fade, the squeeze rebound will be very sharp.
I don’t chase shorts; I only try longs with the minimum order size. If price continues to break down and the negative funding rate widens, I exit immediately and wait for open interest to shrink.
Trading tag: #TradFi #链上美股 #INTW
Do you think the funding rate for INTW is reasonable?