A look at $API3 through the funding-rate lens:
24h: +18.04%; funding rate: -0.235% (shorts pay).
A negative funding rate suggests that shorts are crowded. Watch for a rebound driven by short covering.
Do you think the market is overpricing it?
#API3
In a highly volatile market, risk management comes first.
24h: +18.04%; funding rate: -0.235% (shorts pay).
A negative funding rate suggests that shorts are crowded. Watch for a rebound driven by short covering.
Do you think the market is overpricing it?
#API3
In a highly volatile market, risk management comes first.