$LSK The rate is negative. If the market maker keeps pushing down right now, it’s essentially helping the shorts make money—and it would also attract even more shorts. He wouldn’t do something this stupid. The only way out is to pull prices upward, force the shorts to close their positions. Buying back the order would be “free fuel.”
Go long directly at 0.38–0.42, stop loss below 0.32. First target 0.55; once it holds, look for 0.70. With negative funding rates, time is on the side of the longs, and the bias is toward the upside.
Go long directly at 0.38–0.42, stop loss below 0.32. First target 0.55; once it holds, look for 0.70. With negative funding rates, time is on the side of the longs, and the bias is toward the upside.
