A 35% increase, but the funding rate is negative?

FLOCK surged 35.61% today, with trading volume of $184 million, which looks strong. But looking closely, the funding rate is -0.006%, which means longs weren’t paying a premium—something rarely seen in a sharp rally.

Over the past 8 hours, the candlestick trend has actually been weakening, and the long-side share at 59% isn’t extreme either. This kind of situation—prices rising but funding not following—often signals that short-term momentum is running out.

I’m not saying it’s about to drop immediately, but this divergence is worth watching. Before chasing the move, ask yourself: if this is a temporary top, can I accept that?

$FLOCK #资金费率背离 #35%
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