BR 24 hours dropped 54.86%, with volume of 207 million USDT. But there’s one number in it that looks off: its funding rate is still +0.0050%, positive.
In theory, with a drop this big, longs should have been wiped out long ago—funding would turn negative, and shorts would be the ones paying. But that isn’t happening.
Translate this: with a drop this large, the longs haven’t been fully cleaned out yet, and the shorters haven’t dared to pile in with heavy positions.
Today’s high was 0.532, and now it’s 0.2334—down 56.13% from the high. If a reversal is really going to happen, we first need to see the funding rate turn negative—that’s the signal that longs have conceded. At this level, I’m just watching and not making a move.
Are you guys short, or are you planning to buy the dip around 0.23?
$BR #实时数据 #资金动向
In theory, with a drop this big, longs should have been wiped out long ago—funding would turn negative, and shorts would be the ones paying. But that isn’t happening.
Translate this: with a drop this large, the longs haven’t been fully cleaned out yet, and the shorters haven’t dared to pile in with heavy positions.
Today’s high was 0.532, and now it’s 0.2334—down 56.13% from the high. If a reversal is really going to happen, we first need to see the funding rate turn negative—that’s the signal that longs have conceded. At this level, I’m just watching and not making a move.
Are you guys short, or are you planning to buy the dip around 0.23?
$BR #实时数据 #资金动向