$CVC I’ll wait and see for now. Around 0.028 is the place I least want to chase a short. In the last 24 hours it’s still down about 6.0%, but in the 08:00 hour it pulled back from 0.0271 to 0.0282. The downtrend hasn’t officially reversed, yet the shorts have already started paying a very high carry cost.
Binance’s current 4-hour funding rate is about -1.00%. The perpetual mark price is roughly 2.1% below spot, while OI has actually increased by about 3.5% over the past ~2 hours. This isn’t spot aggressively accumulating; it’s more leveraged capital continuing to bet on the downside. Spot 24-hour trading volume is about $3.58M, while perpetuals are about $49.8M. What really dominates the short term is the futures positions. Once the price stops falling, a short squeeze can be far more violent than a normal rebound.
I’m only watching for two confirmations: a volume-increasing 15-minute close back above 0.0286—then I’ll look at squeezing toward around 0.0295. If a 1-hour candle closes below 0.0265, the rebound thesis is invalid. Right now, does this look more like the shorts continue collecting rent, or are they first forced to retreat by their own funding rate? #CVC #合约数据 #funding rate
Binance’s current 4-hour funding rate is about -1.00%. The perpetual mark price is roughly 2.1% below spot, while OI has actually increased by about 3.5% over the past ~2 hours. This isn’t spot aggressively accumulating; it’s more leveraged capital continuing to bet on the downside. Spot 24-hour trading volume is about $3.58M, while perpetuals are about $49.8M. What really dominates the short term is the futures positions. Once the price stops falling, a short squeeze can be far more violent than a normal rebound.
I’m only watching for two confirmations: a volume-increasing 15-minute close back above 0.0286—then I’ll look at squeezing toward around 0.0295. If a 1-hour candle closes below 0.0265, the rebound thesis is invalid. Right now, does this look more like the shorts continue collecting rent, or are they first forced to retreat by their own funding rate? #CVC #合约数据 #funding rate
