$CAT position size 646.63, funding rate back to zero. Both longs and shorts are sitting on the sidelines. That’s very rare in the futures market.
Funding at zero means neither side is paying the other. Open interest hasn’t moved, which means no one has surrendered and left; everyone is waiting. Waiting for what? The angle is political and military. There’s no news on the chart, but this kind of extremely low volatility combined with a funding rate at zero is the classic calm before the storm. When geopolitical news comes in, these dormant positions will be ignited instantly: either longs get trampled, or shorts get squeezed.
The current price is 815.52, down only 1.328% in 24 hours, which is not much movement. The real volatility hasn’t started yet. If you believe political or military events will have an impact, the best position right now is to wait. If price breaks below the round number of 800, you can try a light short, with a stop loss above 820. If it rallies directly and breaks above 825, that means longs are starting to front-run, and you can try a long position. Before price breaks either of these boundaries, do nothing.
Trading tag: #TradFi #链上美股 #CAT
Where do you think this whole judgment is most likely to be wrong?
Funding at zero means neither side is paying the other. Open interest hasn’t moved, which means no one has surrendered and left; everyone is waiting. Waiting for what? The angle is political and military. There’s no news on the chart, but this kind of extremely low volatility combined with a funding rate at zero is the classic calm before the storm. When geopolitical news comes in, these dormant positions will be ignited instantly: either longs get trampled, or shorts get squeezed.
The current price is 815.52, down only 1.328% in 24 hours, which is not much movement. The real volatility hasn’t started yet. If you believe political or military events will have an impact, the best position right now is to wait. If price breaks below the round number of 800, you can try a light short, with a stop loss above 820. If it rallies directly and breaks above 825, that means longs are starting to front-run, and you can try a long position. Before price breaks either of these boundaries, do nothing.
Trading tag: #TradFi #链上美股 #CAT
Where do you think this whole judgment is most likely to be wrong?