$CRCL 24 hours down 7.53%, price reached 85.27. The funding rate is positive, though—0.000437. This combination is kind of interesting.
When the price drops but the funding rate is positive, it’s a typical structure of longs getting trapped and averaging down. The longs are holding on hard against the trend, continuously paying funding fees to the shorts. Trading volume is 290 million—not small—showing that the selling pressure is real, not just a low-volume, drifting drop. Looking only at these two signals, it suggests that there’s real money stepping in to buy the dip during the decline, but the buyers haven’t managed to outmuscle the selling pressure yet.
Trading tag: #TradFi #链上美股 #CRCL
Where do you think this assessment is most likely to be wrong?
When the price drops but the funding rate is positive, it’s a typical structure of longs getting trapped and averaging down. The longs are holding on hard against the trend, continuously paying funding fees to the shorts. Trading volume is 290 million—not small—showing that the selling pressure is real, not just a low-volume, drifting drop. Looking only at these two signals, it suggests that there’s real money stepping in to buy the dip during the decline, but the buyers haven’t managed to outmuscle the selling pressure yet.
Trading tag: #TradFi #链上美股 #CRCL
Where do you think this assessment is most likely to be wrong?