Funding rate: -0.2787%. Did the shorts really win?
Up 7.6%, yet the funding rate is -0.2787%? Who’s paying whom?
OI +12.7%, climbing from 3.2M to 3.7M—as the price rose, who was adding to their position?
Are the bears getting stronger? The funding rate slid from -0.2339% all the way to -0.2787%.
But when the funding rate is negative, the cost of holding short positions should be going up, not down.
Current price: 0.005341, market cap: 34.1M, 24h volume: 29.0M—the spot pair is right there.
Here’s the question: with the price languishing near its lows and the funding rate sinking deeper into negative territory, who can hold out?
As the price fell, OI climbed from 3.2M to 3.7M; as it rose, the funding rate kept plunging. The two sides just don’t add up.
This isn’t a script where the shorts have won—it’s one where the shorts are starting to pay.
A deeply negative funding rate near the lows could mean short covering is building—but it’s a possibility, not a guarantee.
Don’t call trades. Keep an eye on your holding costs and leverage, and wait for confirmation.
Risk warning: A negative funding rate is no guarantee of a rebound. If there’s a sudden wick, it won’t save you from liquidation.
#SKL #币安 #Bitcoin
Up 7.6%, yet the funding rate is -0.2787%? Who’s paying whom?
OI +12.7%, climbing from 3.2M to 3.7M—as the price rose, who was adding to their position?
Are the bears getting stronger? The funding rate slid from -0.2339% all the way to -0.2787%.
But when the funding rate is negative, the cost of holding short positions should be going up, not down.
Current price: 0.005341, market cap: 34.1M, 24h volume: 29.0M—the spot pair is right there.
Here’s the question: with the price languishing near its lows and the funding rate sinking deeper into negative territory, who can hold out?
As the price fell, OI climbed from 3.2M to 3.7M; as it rose, the funding rate kept plunging. The two sides just don’t add up.
This isn’t a script where the shorts have won—it’s one where the shorts are starting to pay.
A deeply negative funding rate near the lows could mean short covering is building—but it’s a possibility, not a guarantee.
Don’t call trades. Keep an eye on your holding costs and leverage, and wait for confirmation.
Risk warning: A negative funding rate is no guarantee of a rebound. If there’s a sudden wick, it won’t save you from liquidation.
#SKL #币安 #Bitcoin