$ERA Funding Rate -0.302% (annualized 662.4%), short-side fees paid.
The rate is negative and quite extreme, indicating crowded leveraged short positions. When shorts become overly crowded, short covering may occur. Chasing shorts needs to be thought through carefully.
Combined with the +2.29% move over 24h, it suggests that market sentiment is heating up. Where is your own dividing line?
#ERA
Not investment advice—just take a look.
The rate is negative and quite extreme, indicating crowded leveraged short positions. When shorts become overly crowded, short covering may occur. Chasing shorts needs to be thought through carefully.
Combined with the +2.29% move over 24h, it suggests that market sentiment is heating up. Where is your own dividing line?
#ERA
Not investment advice—just take a look.