A 21% single-day drop, yet the funding rate got smashed to -0.36%—this signal is more worth noticing than the price itself.
Today, HAKIMI took a heavy hit, falling straight from 0.011 to 0.0087, with a trading volume of 92 million U—not small at all. But what really made me pause was the funding rate: the shorts have to pay the longs 0.036% per hour; over a day, that’s close to 0.9%.
Right now, the position distribution is 45% long vs. 55% short, with shorts slightly in the lead. This kind of extreme negative funding rate usually points to one of two things: either the market really is falling apart, or the shorts are already crowded and could be susceptible to a snapback at any moment.
The candlestick chart shows that the market is still consolidating in the short term, with no clear reversal signal. I’ll wait for the price to hold above 0.009 before considering an entry—catching the falling knife is too risky right now.
$HEMI #资金费率警报 #HEMI
Click the small card below to quickly check the行情👇
Today, HAKIMI took a heavy hit, falling straight from 0.011 to 0.0087, with a trading volume of 92 million U—not small at all. But what really made me pause was the funding rate: the shorts have to pay the longs 0.036% per hour; over a day, that’s close to 0.9%.
Right now, the position distribution is 45% long vs. 55% short, with shorts slightly in the lead. This kind of extreme negative funding rate usually points to one of two things: either the market really is falling apart, or the shorts are already crowded and could be susceptible to a snapback at any moment.
The candlestick chart shows that the market is still consolidating in the short term, with no clear reversal signal. I’ll wait for the price to hold above 0.009 before considering an entry—catching the falling knife is too risky right now.
$HEMI #资金费率警报 #HEMI
Click the small card below to quickly check the行情👇
