$MINA 24 hours drop -16%。
Price isn’t the point. Three numbers are telling another story:
Funding rate -0.31%/8h: This is one of the most extreme negative funding rates in the current snapshot. Shorts are paying longs 0.31% per day, which suggests the bears are barely holding on while the “smart money” is collecting rent.
OI 24h +16%: Positions were added during the decline—some are buying the dip, and others are getting trapped.
Long/Short ratio 0.81, 24 hours ago 0.73: Retail sentiment shifted from slightly long to a bit more short in a very fast turn.
This combo isn’t necessarily a “bottom is in” signal, but the fact that shorts are paying rent tells you something by itself: they’re exhausted.
I won’t guess the trend direction. I only look at who’s paying and who’s collecting.
Do you think the negative funding rate will keep holding—will the shorts cave first, or will the longs run first?
Price isn’t the point. Three numbers are telling another story:
Funding rate -0.31%/8h: This is one of the most extreme negative funding rates in the current snapshot. Shorts are paying longs 0.31% per day, which suggests the bears are barely holding on while the “smart money” is collecting rent.
OI 24h +16%: Positions were added during the decline—some are buying the dip, and others are getting trapped.
Long/Short ratio 0.81, 24 hours ago 0.73: Retail sentiment shifted from slightly long to a bit more short in a very fast turn.
This combo isn’t necessarily a “bottom is in” signal, but the fact that shorts are paying rent tells you something by itself: they’re exhausted.
I won’t guess the trend direction. I only look at who’s paying and who’s collecting.
Do you think the negative funding rate will keep holding—will the shorts cave first, or will the longs run first?