$VELVET #VELVET #Contract Trading
Short Alert | VELVET Funding Rate Change
Current Funding Rate +0.0375% (shorts benefit / longs pay)
Previous Funding Rate +0.0474% (shorts benefit / longs pay)
Funding Rate Change -0.0099%
The funding rate has fallen from a high level; the shorts are starting to take control of positions
Longs may get squeezed
Current Price 0.90210
Trigger Price 0.92540
Invalidation Price 0.97427
Observation Levels 0.85699 / 0.81189
Market clues: Current funding rate +0.0375% (shorts benefit / longs pay) / Previous funding rate +0.0474% (shorts benefit / longs pay) / Funding rate change -0.0099% / Funding rate is falling from a high level; shorts are starting to take control of positions / Longs may get squeezed
The ongoing change in the funding rate indicates that positions are leaning to one side. You can set up early to go short; the invalidation level is the stop-loss.
Short Alert | VELVET Funding Rate Change
Current Funding Rate +0.0375% (shorts benefit / longs pay)
Previous Funding Rate +0.0474% (shorts benefit / longs pay)
Funding Rate Change -0.0099%
The funding rate has fallen from a high level; the shorts are starting to take control of positions
Longs may get squeezed
Current Price 0.90210
Trigger Price 0.92540
Invalidation Price 0.97427
Observation Levels 0.85699 / 0.81189
Market clues: Current funding rate +0.0375% (shorts benefit / longs pay) / Previous funding rate +0.0474% (shorts benefit / longs pay) / Funding rate change -0.0099% / Funding rate is falling from a high level; shorts are starting to take control of positions / Longs may get squeezed
The ongoing change in the funding rate indicates that positions are leaning to one side. You can set up early to go short; the invalidation level is the stop-loss.