$1000PEPE funding rate stays negative
0.0040228, +2.9%—don’t rush to call it a rally. OI surged by +8.1%.
65.8M > 66.7M > 67.8M > 71.1M.
This isn’t a low-volume slide or a hype-driven pump—the trading volume was $118.4M, with real money flowing in.
But the price is up only 2.9%, while open interest keeps climbing. Who’s adding? Both longs and shorts are betting.
The funding rate moved from -0.0011% to -0.0025%. Translation: short-side pressure is strengthening and taking the lead.
But as the rate turns more negative, the cost of holding short positions starts to rise. At low prices, negative funding is most vulnerable to a sudden short squeeze.
This isn’t a clear-cut directional signal—it’s a battle of costs. Wait for confirmation, not emotion.
Don’t gamble on negative funding with high leverage. Check your liquidation price first.
#1000PEPE #币安 #Bitcoin
0.0040228, +2.9%—don’t rush to call it a rally. OI surged by +8.1%.
65.8M > 66.7M > 67.8M > 71.1M.
This isn’t a low-volume slide or a hype-driven pump—the trading volume was $118.4M, with real money flowing in.
But the price is up only 2.9%, while open interest keeps climbing. Who’s adding? Both longs and shorts are betting.
The funding rate moved from -0.0011% to -0.0025%. Translation: short-side pressure is strengthening and taking the lead.
But as the rate turns more negative, the cost of holding short positions starts to rise. At low prices, negative funding is most vulnerable to a sudden short squeeze.
This isn’t a clear-cut directional signal—it’s a battle of costs. Wait for confirmation, not emotion.
Don’t gamble on negative funding with high leverage. Check your liquidation price first.
#1000PEPE #币安 #Bitcoin