$HIMS In the past 24 hours, it fell 4.757%, and the quote is 28.23. But this drop is a bit different: its perpetual contract funding rate is 0.
These numbers really tell the story. In a falling market, when bearish sentiment is strong, the funding rate typically turns negative—meaning shorts pay longs. Now it’s 0, which indicates the futures market is in a fragile equilibrium between bulls and bears, with no panic-driven accumulation of shorts or concentrated shorting. The downward momentum may be mainly driven by selling pressure in the spot market, or by longs gradually reducing positions, rather than the futures side squeezing people out.
Trading tag: #TradFi #链上美股 #HIMS
Where do you think this assessment is most likely to be wrong?
These numbers really tell the story. In a falling market, when bearish sentiment is strong, the funding rate typically turns negative—meaning shorts pay longs. Now it’s 0, which indicates the futures market is in a fragile equilibrium between bulls and bears, with no panic-driven accumulation of shorts or concentrated shorting. The downward momentum may be mainly driven by selling pressure in the spot market, or by longs gradually reducing positions, rather than the futures side squeezing people out.
Trading tag: #TradFi #链上美股 #HIMS
Where do you think this assessment is most likely to be wrong?