$SKUU 24 hours up 4.4%, price 27.25, funding rate returns to zero, open interest 27.9k.
With the funding rate back to zero, it’s a bit unusual during an up move. This suggests that for the moment, both longs and shorts are taking a pause at the current level—no one is paying the other. The price is rising, but the longs aren’t paying for it. That could mean the upward momentum isn’t coming from aggressively opening new long positions, or that the shorts are taking profits. Based only on the combination of funding rate and price, this is a single signal that leans neutral.
The strongest counter-evidence is: if volume expands and the funding rate turns positive, then it could be that new longs have truly entered the market.
Trading tag: #TradFi #链上美股 #SKUU
Where do you think this judgment is most likely to be wrong?
With the funding rate back to zero, it’s a bit unusual during an up move. This suggests that for the moment, both longs and shorts are taking a pause at the current level—no one is paying the other. The price is rising, but the longs aren’t paying for it. That could mean the upward momentum isn’t coming from aggressively opening new long positions, or that the shorts are taking profits. Based only on the combination of funding rate and price, this is a single signal that leans neutral.
The strongest counter-evidence is: if volume expands and the funding rate turns positive, then it could be that new longs have truly entered the market.
Trading tag: #TradFi #链上美股 #SKUU
Where do you think this judgment is most likely to be wrong?