BICO hits a continuous surge for the second day—it's up another nearly 27% today, with trading value exceeding 110 million U 💥
The squeeze from yesterday wasn’t finished yet. Today, the funding rate continues to stay at around -1.14%, meaning the short positions in the market are still being held up. Longs are paying “protection fees” every 8 hours, and this structure is favorable for longs in the short term.
Open interest of 319 million contracts remains on the board—this isn’t the kind of行情 where it spikes and then people just run away. The number of trades is 1.33 million, and retail participation is clearly heating up.
Of course, after two straight days of rallying, risks at high levels are also building—such a negative funding rate indicates the market has significant disagreement ahead. Chasing higher prices needs to be cautious with position sizing.
Watch the 0.0273 level, the 24h high. If it breaks upward with volume, that would signal strong continuation. If it can’t hold, it’s easy to see a fast pullback.
Click the small card below to quickly check the行情👇
#BICO #Biconomy #合约行情 #资金费率 #加密市场
The squeeze from yesterday wasn’t finished yet. Today, the funding rate continues to stay at around -1.14%, meaning the short positions in the market are still being held up. Longs are paying “protection fees” every 8 hours, and this structure is favorable for longs in the short term.
Open interest of 319 million contracts remains on the board—this isn’t the kind of行情 where it spikes and then people just run away. The number of trades is 1.33 million, and retail participation is clearly heating up.
Of course, after two straight days of rallying, risks at high levels are also building—such a negative funding rate indicates the market has significant disagreement ahead. Chasing higher prices needs to be cautious with position sizing.
Watch the 0.0273 level, the 24h high. If it breaks upward with volume, that would signal strong continuation. If it can’t hold, it’s easy to see a fast pullback.
Click the small card below to quickly check the行情👇
#BICO #Biconomy #合约行情 #资金费率 #加密市场
