$SPCX Over the past 24 hours, it has fallen 2.787%. Current price: 145.1. The funding rate is zero, and open interest is 2.21 million.
From a political-trading perspective, this wave of selloff may be related to the market pricing in some policy uncertainty ahead of time. The funding rate being zero suggests that the long and short forces are temporarily balanced—no one is paying for it—but positions haven’t really dropped much; someone is holding on and resisting.
Last time we saw a similar structure of the rate going to zero alongside a slow, downward drift, any rebound had to wait for a clear policy signal. Right now, with no signal, there’s no direction; going in hard can easily get swept back and forth.
Trading label: #TradFi #链上美股 #SPCX
Where do you think this set of judgments is most likely to be wrong?
From a political-trading perspective, this wave of selloff may be related to the market pricing in some policy uncertainty ahead of time. The funding rate being zero suggests that the long and short forces are temporarily balanced—no one is paying for it—but positions haven’t really dropped much; someone is holding on and resisting.
Last time we saw a similar structure of the rate going to zero alongside a slow, downward drift, any rebound had to wait for a clear policy signal. Right now, with no signal, there’s no direction; going in hard can easily get swept back and forth.
Trading label: #TradFi #链上美股 #SPCX
Where do you think this set of judgments is most likely to be wrong?