$MU The funding rate has climbed to 8x, hit a new high, and is still rising. Are the longs really that happy to pay funding? Going long is just handing money to the shorts—the funding fee will be the first thing to leave the longs stranded at the top. Short at the current price of 999.5, with a first target of 941; if it breaks through, look for 899. Stop-loss at 1054.3. It hasn’t even broken the previous high, and you’re already trying to catch a falling knife? Absolutely fearless.
