$BMNR 24 hours fell 7.36%, price 23.41, funding rate 0.000238 positive—longs pay shorts. Crowding is pushed to the limit. Open interest is 660,000; on its own, funding is already a strong signal. Chasing adds with longs trapped can easily trigger a liquidation cascade. I think going long now is basically taking the bag, and the market may ignore the crowded-risk. Trigger condition: if the price breaks below 23, I’ll fully close. If it breaks above 25, I’ll take a small countertrend long. Invalidation condition: if the funding rate turns negative or the price holds above 23.41, the setup is considered void.

Trading tags: #BinanceFutures #TradFi #USDⓈM #BMNR #BMNRUSDT $BMNR