In $MUU 24 hours, it rose by 8.6%, reaching 38.58, but the funding rate is zero. This combination of data is kind of interesting: the price is going up, but the longs don’t have to pay. That means both longs and shorts are effectively in free positions.
In a normal uptrend, the funding rate should be positive, with longs paying shorts. Now that it’s zero, it suggests the rally didn’t cause long-side crowding, and shorts aren’t panicking either. In this free-for-all funding state, the price is more easily pushed around by a relatively small amount of capital.
If it breaks below 37.5, my weak-balance judgment will no longer hold.
Trading tag: #TradFi #链上美股 #MUU
Where do you think this assessment is most likely to be wrong?
In a normal uptrend, the funding rate should be positive, with longs paying shorts. Now that it’s zero, it suggests the rally didn’t cause long-side crowding, and shorts aren’t panicking either. In this free-for-all funding state, the price is more easily pushed around by a relatively small amount of capital.
If it breaks below 37.5, my weak-balance judgment will no longer hold.
Trading tag: #TradFi #链上美股 #MUU
Where do you think this assessment is most likely to be wrong?