$MUU In the past 24 hours, it has fallen 6.317%; the current price is 28.77, but the funding rate is still positive at 0.00001644. The drop is a direct response of the market to global risk sentiment, but the positive rate indicates that the bullish longs have not yet given up—this can intensify selling pressure.
A positive funding rate means longs are paying shorts. Combined with the price decline, this is a typical long-squeeze-and-add structure. They are holding their positions by paying via the funding rate, betting on a rebound. Once there is more negative news or liquidity tightens, these longs may be forced to close positions because they can’t carry the costs, leading to an accelerated drop.
Trading tag: #TradFi #链上美股 #MUU
Where do you think this setup is most likely to be wrong?
A positive funding rate means longs are paying shorts. Combined with the price decline, this is a typical long-squeeze-and-add structure. They are holding their positions by paying via the funding rate, betting on a rebound. Once there is more negative news or liquidity tightens, these longs may be forced to close positions because they can’t carry the costs, leading to an accelerated drop.
Trading tag: #TradFi #链上美股 #MUU
Where do you think this setup is most likely to be wrong?