$Lobster Funding Rate 0.0442% (annualized 96.8%), long positions pay the fee.
The rate is clearly too high, indicating leveraged long orders are crowded together. Based on experience, after longs get overheated, a pullback and washout is likely; chasing longs needs caution.
Taking into account +25.21% over the past 24h, sentiment is overheated. How would you trade?
#Lobster
Before making a move, please do your own research.
The rate is clearly too high, indicating leveraged long orders are crowded together. Based on experience, after longs get overheated, a pullback and washout is likely; chasing longs needs caution.
Taking into account +25.21% over the past 24h, sentiment is overheated. How would you trade?
#Lobster
Before making a move, please do your own research.