$BMNR 24 hours up 4.014% to 29.02; the funding rate is 0. No one paid fees on either the long or short side, so the structure is very neutral.
This area has had a push up, but the funding rate hasn’t caught up—this suggests that chasing longs sentiment isn’t strong. I tend to trade the range: first I’ll open a short to test the waters.
Short with 3x leverage, stop-loss at 30.5, take-profit at 27.5. Use 10% position size for the initial test. If the funding rate turns positive or the price breaks above 30.5, I’ll admit the loss and leave—meaning I was wrong.
Trading tag: #TradFi #链上美股 #BMNR
Where do you think this setup is most likely to be wrong?
This area has had a push up, but the funding rate hasn’t caught up—this suggests that chasing longs sentiment isn’t strong. I tend to trade the range: first I’ll open a short to test the waters.
Short with 3x leverage, stop-loss at 30.5, take-profit at 27.5. Use 10% position size for the initial test. If the funding rate turns positive or the price breaks above 30.5, I’ll admit the loss and leave—meaning I was wrong.
Trading tag: #TradFi #链上美股 #BMNR
Where do you think this setup is most likely to be wrong?