$SHOP 24-hour drop of 2.475%, with funding rates at zero. This is relatively rare calm in stock contracts.
A zero funding rate means neither longs nor shorts need to pay the other side, and sentiment is completely balanced. Combined with the steady decline in price, it looks more like, under geopolitical tensions, traders’ sentiment toward tech stocks is being suppressed, with neither bulls nor bears willing to take the lead. If this low-volume decline continues, it can easily become a slow boil.
My view: if it breaks 144, bearish momentum will accelerate. If it continues to range without volume, then wait. No action for now; let the market choose a direction through trading volume.
Trading tag: #TradFi #链上美股 #SHOP
Where do you think this judgment is most likely to be wrong?
A zero funding rate means neither longs nor shorts need to pay the other side, and sentiment is completely balanced. Combined with the steady decline in price, it looks more like, under geopolitical tensions, traders’ sentiment toward tech stocks is being suppressed, with neither bulls nor bears willing to take the lead. If this low-volume decline continues, it can easily become a slow boil.
My view: if it breaks 144, bearish momentum will accelerate. If it continues to range without volume, then wait. No action for now; let the market choose a direction through trading volume.
Trading tag: #TradFi #链上美股 #SHOP
Where do you think this judgment is most likely to be wrong?