What does it mean when the funding rate spikes to 12%? BULLA surged 205% today, with trading volume hitting 545 million US dollars, but interestingly—65% of traders are still short.
After three consecutive hourly candles closed lower, the price is hovering around 0.085. After the bulls’ frenzy, the bears have started a tentative counterattack. A high funding rate means the cost of holding long positions is extremely high, with a "ticket fee" paid every 8 hours.
This kind of extreme divergence often signals increased volatility. Short-term traders may like it, but chasing the move higher should be done with caution.
$BULLA #资金费率异常 #205%
Click the card below to quickly view the market👇
After three consecutive hourly candles closed lower, the price is hovering around 0.085. After the bulls’ frenzy, the bears have started a tentative counterattack. A high funding rate means the cost of holding long positions is extremely high, with a "ticket fee" paid every 8 hours.
This kind of extreme divergence often signals increased volatility. Short-term traders may like it, but chasing the move higher should be done with caution.
$BULLA #资金费率异常 #205%
Click the card below to quickly view the market👇
