$CRDO In the past 24 hours, it fell by 3.725%, with a quoted price of 157.16.
During the same period, the funding rate was negative at -0.00008871.
Prices are moving downward, but the funding rate is negative—this is an uncommon combination. Typically, a negative funding rate means shorts are paying fees to longs, which suggests that bearish positions are overly concentrated. Under this structure, the shorts are effectively paying the cost for their own bearish positions, and market pessimism is already fairly crowded.
The counter-evidence to this single-signal read lies in the price action.
Trading tag: #TradFi #链上美股 #CRDO
Where do you think this judgment is most likely to be wrong?
During the same period, the funding rate was negative at -0.00008871.
Prices are moving downward, but the funding rate is negative—this is an uncommon combination. Typically, a negative funding rate means shorts are paying fees to longs, which suggests that bearish positions are overly concentrated. Under this structure, the shorts are effectively paying the cost for their own bearish positions, and market pessimism is already fairly crowded.
The counter-evidence to this single-signal read lies in the price action.
Trading tag: #TradFi #链上美股 #CRDO
Where do you think this judgment is most likely to be wrong?