56% single-day gain, but the funding rate quietly surged to 0.045%——what does that mean?
Many people saw $4 nearly rally 60% and rushed to chase, but the long/short position ratio shows 58% of traders are going long,
and crowding is already not low. More importantly, after consecutive bullish hourly candles, volume started to shrink from the 4th candle,
which suggests fewer people are chasing the move, and profit-taking is gradually coming out.
In a move like this, I usually wouldn’t chase longs directly. Instead, I’d wait for a pullback to the 0.023-0.024 range before considering it.
If funding keeps rising while price moves sideways, the probability of a short-term pullback will increase.
$4 #资金费率预警 #58% position crowding
Click the card below to quickly check the market 👇
Many people saw $4 nearly rally 60% and rushed to chase, but the long/short position ratio shows 58% of traders are going long,
and crowding is already not low. More importantly, after consecutive bullish hourly candles, volume started to shrink from the 4th candle,
which suggests fewer people are chasing the move, and profit-taking is gradually coming out.
In a move like this, I usually wouldn’t chase longs directly. Instead, I’d wait for a pullback to the 0.023-0.024 range before considering it.
If funding keeps rising while price moves sideways, the probability of a short-term pullback will increase.
$4 #资金费率预警 #58% position crowding
Click the card below to quickly check the market 👇
