$CRDO Over the past 24 hours, it has risen 4.63% to 191.22, but the funding rate remains at 0. This signal suggests that the price increase did not prompt long positions to pay funding fees; the long and short forces are temporarily balanced at this price level.
This means the current rally has not created an overcrowded long scenario, and carry costs have not accumulated due to a positive funding rate. It looks more like spot buying or short covering to a small extent driving the move, rather than leveraged longs chasing the price. Trading costs are zero, so the market is relatively “lightly loaded.”
Trading tag: #TradFi #链上美股 #CRDO
Where do you think this assessment is most likely to be wrong?
This means the current rally has not created an overcrowded long scenario, and carry costs have not accumulated due to a positive funding rate. It looks more like spot buying or short covering to a small extent driving the move, rather than leveraged longs chasing the price. Trading costs are zero, so the market is relatively “lightly loaded.”
Trading tag: #TradFi #链上美股 #CRDO
Where do you think this assessment is most likely to be wrong?