$SHAZ rose 7.47% to 57.67 over the past 24 hours, but the funding rate has returned to zero. This combination is uncommon; price increases are usually accompanied by a stronger willingness among longs to pay.
A zero funding rate suggests long positions are not crowded enough to require paying a premium to maintain them. The rise is more likely being driven by spot buying or low-leverage buyers, without the kind of speculative chase often seen in derivatives. This reduces the likelihood of a sharp reversal in the short term caused by funding-rate unwinding, but it also means the rally lacks fuel support, making its sustainability questionable.
Trading tag: #TradFi #链上美股 #SHAZ
Where do you think this judgment is most likely to be wrong?
A zero funding rate suggests long positions are not crowded enough to require paying a premium to maintain them. The rise is more likely being driven by spot buying or low-leverage buyers, without the kind of speculative chase often seen in derivatives. This reduces the likelihood of a sharp reversal in the short term caused by funding-rate unwinding, but it also means the rally lacks fuel support, making its sustainability questionable.
Trading tag: #TradFi #链上美股 #SHAZ
Where do you think this judgment is most likely to be wrong?