After dropping 25%, the funding rate turned to -0.22%—what signal is this?
Today, HEMI was hammered from 0.01192 all the way down to 0.0078, and it looks like the bears are completely in control. But interestingly, 54% of people are holding short positions, yet the funding rate is deeply negative—meaning the shorts are paying the longs.
More importantly, the last three hourly candlesticks have all closed green in a row. The price is still low, but the downward momentum is clearly weakening. This “can’t seem to fall” condition is often more worth paying attention to than a big surge.
Not recommending catching the bottom—just a reminder: when everyone is bearish, be careful about a reversal.
$HEMI #资金费率异动 #54% short positions
Today, HEMI was hammered from 0.01192 all the way down to 0.0078, and it looks like the bears are completely in control. But interestingly, 54% of people are holding short positions, yet the funding rate is deeply negative—meaning the shorts are paying the longs.
More importantly, the last three hourly candlesticks have all closed green in a row. The price is still low, but the downward momentum is clearly weakening. This “can’t seem to fall” condition is often more worth paying attention to than a big surge.
Not recommending catching the bottom—just a reminder: when everyone is bearish, be careful about a reversal.
$HEMI #资金费率异动 #54% short positions
