$COHR 24 hours up 6.7%, but the contract funding rate has gone to zero. The longs didn’t pay the shorts; after the chase-buying capital, momentum is running out.
Prices are rising, yet the funding rate stays where it was—this kind of divergence structure usually means the rally lacks incremental capital support, and it’s more likely short-covering or a battle among existing positions. Rotational momentum in the semiconductor sector can explain part of the gain, but with the funding rate at zero, the momentum-continuation chain is broken.
If the price can’t form a new platform above $316, early longs will likely take profits first, and the sector’s rotational funds will flow to other assets.
Trading tag: #TradFi #链上美股 #COHR
Where do you think this assessment is most likely to be wrong?
Prices are rising, yet the funding rate stays where it was—this kind of divergence structure usually means the rally lacks incremental capital support, and it’s more likely short-covering or a battle among existing positions. Rotational momentum in the semiconductor sector can explain part of the gain, but with the funding rate at zero, the momentum-continuation chain is broken.
If the price can’t form a new platform above $316, early longs will likely take profits first, and the sector’s rotational funds will flow to other assets.
Trading tag: #TradFi #链上美股 #COHR
Where do you think this assessment is most likely to be wrong?