$USAR 24 hours rose 4.697% to 16.94; the funding rate was 0.00022. Positive funding rate is layered with price increases, forming a typical long-chasing structure.
Because the funding rate is positive, longs are paying fees to shorts. Prices are moving upward while the funding rate is accumulating, which indicates that the costs of the buy-chasing positions are being continuously stacked—a sign that long positions are crowded. If open interest also increases sharply, subsequent sell pressure will likely concentrate along these cost lines.
At the current position, you can try a small short, but the stop-loss must be placed near the prior high.
Trading tag: #TradFi #链上美股 #USAR
Where do you think this assessment is most likely to be wrong?
Because the funding rate is positive, longs are paying fees to shorts. Prices are moving upward while the funding rate is accumulating, which indicates that the costs of the buy-chasing positions are being continuously stacked—a sign that long positions are crowded. If open interest also increases sharply, subsequent sell pressure will likely concentrate along these cost lines.
At the current position, you can try a small short, but the stop-loss must be placed near the prior high.
Trading tag: #TradFi #链上美股 #USAR
Where do you think this assessment is most likely to be wrong?