56% daily increase, but the funding rate is actually negative?
RAYSOL surged from 0.85 to 1.40 today, with trading volume hitting $292 million. The strangest part is that while the price skyrocketed, the funding rate was still -0.029%, and the long/short ratio was almost 50/50.
What does this mean? Most people haven’t caught on to this wave of strength yet, or they’re still waiting for a pullback to get in. The candlestick action over the past 8 hours is very clear: the third big bullish candle broke out directly, and then the price held steady at the highs with little retracement.
This kind of situation, where the price flies but the funding rate doesn’t follow, is often a sign that the move isn’t over yet. Of course, with such a sharp short-term rally, chasing the price still requires caution.
$RAYSOL #Solana生态 #56%涨幅
Click the small card below to quickly check the market 👇
RAYSOL surged from 0.85 to 1.40 today, with trading volume hitting $292 million. The strangest part is that while the price skyrocketed, the funding rate was still -0.029%, and the long/short ratio was almost 50/50.
What does this mean? Most people haven’t caught on to this wave of strength yet, or they’re still waiting for a pullback to get in. The candlestick action over the past 8 hours is very clear: the third big bullish candle broke out directly, and then the price held steady at the highs with little retracement.
This kind of situation, where the price flies but the funding rate doesn’t follow, is often a sign that the move isn’t over yet. Of course, with such a sharp short-term rally, chasing the price still requires caution.
$RAYSOL #Solana生态 #56%涨幅
Click the small card below to quickly check the market 👇
