$BNC rises fast 7%, funding rate 0.0063 — longs are paying. With the Trump news vacuum, this is pulled by sentiment, and it won’t last.
This wave is sentiment spillover from US stock TradFi futures contracts; without hard-confirmed policy support. The longs are crowded, and the funding rate keeps accumulating costs. The other side is that Trump suddenly posted a crypto-friendly tweet, which can directly send it flying.
Invalidation: if the price breaks 7.0 and the funding rate continues to rise, I’ll admit I was wrong. Now around 6.9 I’m placing a small short position, stop-loss at 7.0, and testing with a 5% position size.
Trading tag: #TradFi #链上美股 #BNC
Where do you think this 판단 is most likely to be wrong?
This wave is sentiment spillover from US stock TradFi futures contracts; without hard-confirmed policy support. The longs are crowded, and the funding rate keeps accumulating costs. The other side is that Trump suddenly posted a crypto-friendly tweet, which can directly send it flying.
Invalidation: if the price breaks 7.0 and the funding rate continues to rise, I’ll admit I was wrong. Now around 6.9 I’m placing a small short position, stop-loss at 7.0, and testing with a 5% position size.
Trading tag: #TradFi #链上美股 #BNC
Where do you think this 판단 is most likely to be wrong?