After the rally, it’s still sitting in the upper half of the range, yet the funding rate is negative—this doesn’t quite match the price gains. $S is currently at 0.05709, up 17.11% over 24 hours, but only 0.83% over the past hour, so momentum has already cooled. Over the past 24 hours, it moved from 0.04849 to 0.06901, with a 42.3% range and $47.7 million in spot trading volume. The perpetual funding rate is -0.0023%, settled every 4 hours; open interest is about 199,411,079 tokens, equivalent to $11.38 million. The account long/short ratio is 1.43, and the top traders’ position long/short ratio is 1.56. Positions lean long, but the funding rate hasn’t turned positive, so positioning doesn’t look too crowded. Liquidations visible over the past 24 hours total about $210,000, a very small amount. The 7-day high is still 0.06901 and the low is 0.03702, putting the current price at roughly 63% of that range. Next, watch whether it retests 0.06901 and whether the funding rate starts to turn up from negative territory.
#盘面笔记 #资金费率