A note on futures funding: $RLC funding rate -0.271%; shorts pay.
This means a large number of leveraged short positions are crowded on the short side. If the price rises, short covering could easily trigger a sharp spike.
Annualized rate: approximately 593.9%. Which point are you more concerned about?
#RLC
Just a casual note—what you do is up to you.
This means a large number of leveraged short positions are crowded on the short side. If the price rises, short covering could easily trigger a sharp spike.
Annualized rate: approximately 593.9%. Which point are you more concerned about?
#RLC
Just a casual note—what you do is up to you.