$PORTAL After falling from +30% to +20%, the funding rate went from -0.44% back to -0.03%. Shorts are retreating
When it spiked 30% yesterday, the funding rate was -0.44%—the most extreme negative funding rate in the whole market—meaning shorts paid longs 0.44% every 8 hours. But now the rate has shrunk to -0.03%, price has pulled back from 0.0183 to 0.0171, and the RSI has dropped from 78 to 65.5.
This is not a top signal; it’s the recovery phase after shorts got liquidated. From the peak, it’s down 7% in 24h, but volume is shrinking (the last ~4 4h candles: 20.8 → 5.1M), suggesting selling pressure isn’t coming from the main force—it’s short-term profit-taking.
The key is support at 0.0150. If it breaks, the rebound thesis weakens. If it doesn’t break, there’s an opportunity to buy the pullback. Stop-loss: 0.0139 (prior low). Targets: look back at 0.018–0.020.
Do you think this is just a correction, or the start of a reversal? Hit 1 or 2—tomorrow we’ll check the answer.
$PORTAL #资金费率 # Contract
When it spiked 30% yesterday, the funding rate was -0.44%—the most extreme negative funding rate in the whole market—meaning shorts paid longs 0.44% every 8 hours. But now the rate has shrunk to -0.03%, price has pulled back from 0.0183 to 0.0171, and the RSI has dropped from 78 to 65.5.
This is not a top signal; it’s the recovery phase after shorts got liquidated. From the peak, it’s down 7% in 24h, but volume is shrinking (the last ~4 4h candles: 20.8 → 5.1M), suggesting selling pressure isn’t coming from the main force—it’s short-term profit-taking.
The key is support at 0.0150. If it breaks, the rebound thesis weakens. If it doesn’t break, there’s an opportunity to buy the pullback. Stop-loss: 0.0139 (prior low). Targets: look back at 0.018–0.020.
Do you think this is just a correction, or the start of a reversal? Hit 1 or 2—tomorrow we’ll check the answer.
$PORTAL #资金费率 # Contract
