$SKUU fell 8.14% over the past 24 hours; current price is 27.31. But the funding rate is zero.
Down 8% while the funding rate stays unchanged means this isn’t panic liquidations dominated by longs or shorts. More likely, it’s an active adjustment of some positions: long/short funding costs are effectively zero, and the market is in short-term equilibrium.
Current OI is 29,784, which isn’t small. If the price continues to slide in one direction while funding remains at zero, then it’s worth being cautious—because it would indicate sell pressure is being released without friction. With this structure, I lean toward watching and waiting.
Trading tag: #TradFi #链上美股 #SKUU
Where do you think this assessment is most likely wrong?
Down 8% while the funding rate stays unchanged means this isn’t panic liquidations dominated by longs or shorts. More likely, it’s an active adjustment of some positions: long/short funding costs are effectively zero, and the market is in short-term equilibrium.
Current OI is 29,784, which isn’t small. If the price continues to slide in one direction while funding remains at zero, then it’s worth being cautious—because it would indicate sell pressure is being released without friction. With this structure, I lean toward watching and waiting.
Trading tag: #TradFi #链上美股 #SKUU
Where do you think this assessment is most likely wrong?