$CRM 24 hours down 1.5%, funding rate falls to zero, open interest is less than 10,000. The price hasn’t moved; the rate is neutral. Neither bulls nor bears added new positions—everyone is waiting and watching. This kind of sideways trading often appears during periods with frequent political events, as capital waits for a clear signal before placing a bigger bet. If geopolitics or policy suddenly tightens, this kind of U.S.-stock “behavior” tends to react first. The current range-bound oscillation doesn’t mean much until it breaks above 260. I’ll place a small long position at 255; if it breaks below 250, I’ll stop out—betting on an event-driven impulse.

Trading label: #TradFi #链上美股 #CRM

Where do you think this thesis is most likely to be wrong?