If we do not break the previous high and look at the long-term bearish position of 34, the main thing is that the funding rate is still collected every hour. Although it is not much, we are afraid that it will suddenly rise, and then the rate will also increase. The main thing now is to wait for it to return to a normal state, either in 4 hours or 8 hours, before opening a short position. If the rate returns to normal but it has already broken below the position of 34, then we will not open a short position. It is better not to trade than to lose money.
I had previously predicted its peak, but when its funding rate suddenly increased, I had to open a short hedge to avoid losses, and exiting the position without profit or loss is most important. It is better to miss out than to incur significant losses $RIVER #美联储维持利率不变
I had previously predicted its peak, but when its funding rate suddenly increased, I had to open a short hedge to avoid losses, and exiting the position without profit or loss is most important. It is better to miss out than to incur significant losses $RIVER #美联储维持利率不变
