Market cap: 28 million. Trading volume: 21.4 million.

Market cap: 28 million. Trading volume: 21.4 million. DIA: 0.174.
24h: +3.8%.
Open interest made a full lap: 1.2M. 1.3M. 1.5M. 1.8M.
+42.1%. Still climbing.
Price hasn’t taken off, but positions are piling in first. Who’s getting in early?
Funding rate: -0.0021% → -0.0071%. Negative, and getting deeper.
Translation: bears have the upper hand. But the cost of holding short positions is rising.
Low prices + deeply negative funding = a trigger for short covering, not a promise of a rebound.
10 related news items. The DIA Lumina testnet is live. Spot trading is available. Market cap is only 28 million.
A trading volume of 21.4 million is hitting this market.
Don’t ask which way it’s headed. First ask about your leverage and holding costs.

Negative funding isn’t a safety net. It hits those who stubbornly hold their positions first.

#DIA #币安 #Bitcoin