41% gain, but the funding rate is negative — this SUSHI move is interesting.
Price rose from 0.19 to 0.2693, with trading volume reaching $109 million. The hourly chart printed three consecutive bullish candles and closed higher. But the funding rate is -0.0059%, which means shorts are paying longs, while the long/short ratio of 60/40 still leans bullish.
This kind of divergence usually appears in two situations: either it is a shakeout before a real breakout, or short-term sentiment is overheated. I’d first watch whether the previous high at 0.28 can hold. Volume is expanding, but funding has not kept up, so chasing longs should be done cautiously.
$SUSHI #资金费率背离 #41%
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Price rose from 0.19 to 0.2693, with trading volume reaching $109 million. The hourly chart printed three consecutive bullish candles and closed higher. But the funding rate is -0.0059%, which means shorts are paying longs, while the long/short ratio of 60/40 still leans bullish.
This kind of divergence usually appears in two situations: either it is a shakeout before a real breakout, or short-term sentiment is overheated. I’d first watch whether the previous high at 0.28 can hold. Volume is expanding, but funding has not kept up, so chasing longs should be done cautiously.
$SUSHI #资金费率背离 #41%
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