Behind the 37% surge, the funding rate is only 0.15%. What does that mean?

It’s not a fake breakout built on leverage. Longs make up 52%, shorts 48%; both sides are still battling, but the price has already closed three consecutive hourly green candles.

From the low of 0.021 to 0.0336, with $260 million in trading volume, this is not just a small move. The key is that the open interest structure is healthy, with no extreme crowding.

This kind of market is the most comfortable—there’s momentum, but it hasn’t reached the stage where everyone is shouting bullish yet.

$4 #资金费率健康 #37%
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