Behind the 25% surge, funding rates are quietly heating up.

UAI hit $0.45 today, with trading volume breaking $100 million, but within 8 hours the price pulled back from $0.51 to $0.45. Longs account for 54%, shorts 46%, and both sides are adding to their positions.

The most interesting part is the funding rate of 0.0436%—not extreme, but paired with the pullback from the highs, it suggests some traders are using leverage to bet on a rebound.

This kind of market, where prices rise fast and retrace even faster, is often short-term capital probing the market. Next, watch whether $0.44 can hold; if it fails, a retest of $0.40 is possible.

$UAI #资金费率 #25%涨幅
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