$ORCL 24 hours saw a drop of 5.974%. The price returned to 140.55, but the funding rate is zero, and the open interest remains around 81,356.78. These data suggest that the selloff did not trigger panic liquidations on the contract side; it looks more like emotion-driven selling. A zero funding rate value means neither the long nor short side has any willingness to pay the other, and the market temporarily loses a directional anchor.
With the zero funding rate, the price declines in one direction, indicating that selling pressure may come from more fundamental asset rotation or a cooling of sentiment, rather than passive stop-loss triggered by leveraged longs.
Trading tag: #TradFi #链上美股 #ORCL
Where do you think this assessment is most likely to be wrong?
With the zero funding rate, the price declines in one direction, indicating that selling pressure may come from more fundamental asset rotation or a cooling of sentiment, rather than passive stop-loss triggered by leveraged longs.
Trading tag: #TradFi #链上美股 #ORCL
Where do you think this assessment is most likely to be wrong?