An annualized rate of -164%—short sellers are paying to hold their positions. You don’t see a move this extreme very often.
To put it plainly: at this level, BAT isn’t simply looking bearish. It feels more like someone is rushing to get ahead of an expected move. A negative funding rate is a sign of extreme sentiment, but extremes often signal a shift in market conditions—not necessarily a rise, but increased volatility.
My stance is simple: don’t rush to treat this as a contrarian signal, and don’t rush to chase the move either. Watch to see whether support below holds. If it does, the tug-of-war continues; if it breaks, the picture changes. Perpetuals traders, keep an eye on your position size. With funding this negative, there’s a trap on either side.
Just manage your position carefully.
$BAT #资金费率 #PerpetualsWatch
To put it plainly: at this level, BAT isn’t simply looking bearish. It feels more like someone is rushing to get ahead of an expected move. A negative funding rate is a sign of extreme sentiment, but extremes often signal a shift in market conditions—not necessarily a rise, but increased volatility.
My stance is simple: don’t rush to treat this as a contrarian signal, and don’t rush to chase the move either. Watch to see whether support below holds. If it does, the tug-of-war continues; if it breaks, the picture changes. Perpetuals traders, keep an eye on your position size. With funding this negative, there’s a trap on either side.
Just manage your position carefully.
$BAT #资金费率 #PerpetualsWatch