61.98% price increase, but the funding rate is only 0.0075%—what does that mean?

USELESS: Today’s trading volume surged to 528 million USDT. The price moved from 0.134 to 0.226, and the long/short ratio shows that 59% of people are shorting. A typical case of “prices pump hard, but shorts are even more aggressive.”

Overall strength within the past 8 hours, but the last few K-lines have started to range around 0.22.

If the funding rate keeps getting suppressed, it may mean longs are waiting for shorts to get liquidated before launching another wave.

Don’t rush to chase in this market—watch whether support at 0.206 can hold.

$USELESS #资金费率背离 #59% short
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