$FWDI 24 hours, it surged by 23.4%, but the funding rate is 0—this doesn’t seem right. Prices were pushed up with a + zero funding rate, which suggests the rally isn’t backed by sustained long-side capital with a premium; it’s purely an emotion-driven pulse.
Risk appetite from political factors may drive things in the short term, but there’s no real-money follow-through. People chasing longs think the trend will continue, and a funding rate of 0 shows there hasn’t been new long capital stepping in to lift the market. When emotional funds pull out, the higher-priced chasers end up paying the full cost.
If the funding rate keeps staying flat or turns negative, then this move is a fake breakout. Wait until the funding rate turns positive and OI catches up before considering going long; for now, just watch.
Trading tag: #TradFi #链上美股 #FWDI
Where do you think this judgment is most likely to be wrong?
Risk appetite from political factors may drive things in the short term, but there’s no real-money follow-through. People chasing longs think the trend will continue, and a funding rate of 0 shows there hasn’t been new long capital stepping in to lift the market. When emotional funds pull out, the higher-priced chasers end up paying the full cost.
If the funding rate keeps staying flat or turns negative, then this move is a fake breakout. Wait until the funding rate turns positive and OI catches up before considering going long; for now, just watch.
Trading tag: #TradFi #链上美股 #FWDI
Where do you think this judgment is most likely to be wrong?