$BLUR Funding rate: -1.02% (annualized 2241.6%); shorts pay.
The rate is negative and extremely low, indicating a crowded leveraged short position. When shorts become overcrowded, a short squeeze can easily occur, so be cautious about chasing the decline.
Considering the 24h change of -14.14%, sentiment is bearish. How would you respond if the market reverses later?
#BLUR
The rate is negative and extremely low, indicating a crowded leveraged short position. When shorts become overcrowded, a short squeeze can easily occur, so be cautious about chasing the decline.
Considering the 24h change of -14.14%, sentiment is bearish. How would you respond if the market reverses later?
#BLUR