59% increase, funding rate soaring to 0.0577%—how long has it been since we've seen this kind of heat?
$4 Today's trading volume surged to 152 million USDT, and the trend has continued to strengthen over the past 8 hours. But note that 58% of long positions is already quite crowded, and such a high funding rate shows that a large number of leveraged traders are flooding in.
The price rose from 0.0149 to 0.0284 and then pulled back to 0.026, a typical consolidation after a breakout. Be cautious about chasing the rally; in an environment like this, once sentiment reverses, liquidations can be very heavy.
I prefer to wait for the funding rate to cool down and positions to be cleared before looking for opportunities.
$4 #资金费率预警 #59% increase
Click the small card below to quickly check the market👇
$4 Today's trading volume surged to 152 million USDT, and the trend has continued to strengthen over the past 8 hours. But note that 58% of long positions is already quite crowded, and such a high funding rate shows that a large number of leveraged traders are flooding in.
The price rose from 0.0149 to 0.0284 and then pulled back to 0.026, a typical consolidation after a breakout. Be cautious about chasing the rally; in an environment like this, once sentiment reverses, liquidations can be very heavy.
I prefer to wait for the funding rate to cool down and positions to be cleared before looking for opportunities.
$4 #资金费率预警 #59% increase
Click the small card below to quickly check the market👇
