Looking at $BR from a funding-rate perspective:
24h: -10.81%, funding rate: -0.0772% (shorts are paying).
It’s dropped quite a bit and the funding rate is negative—shorts are piling in too aggressively. If a rebound comes, it could be sharp.
Anyone who knows their stuff care to weigh in?
#BR
Just my personal opinion. Make your own decisions when buying or selling.
24h: -10.81%, funding rate: -0.0772% (shorts are paying).
It’s dropped quite a bit and the funding rate is negative—shorts are piling in too aggressively. If a rebound comes, it could be sharp.
Anyone who knows their stuff care to weigh in?
#BR
Just my personal opinion. Make your own decisions when buying or selling.