🚨 BATUSDT phase-change signal! It was still near the top of the 24h gainers last round (+10.7%), but has now pulled back to +8.3%, while open interest rose from 15.9M to 16.2M USDT.
The strong gains of +172% over 30 days and +89% over 7 days remain intact, but the funding rate of -0.295% shows shorts are still betting against it.
Slow-grind bull coins are the most insidious—the price looks like it’s cooling off, but it’s really shaking out weak hands. Still, retail traders are most likely to get burned by something that “looks cheap”: don’t cry if it wicks down 10%.
Position size ≤3%, stop-loss 15%. Don’t ask why the rules are so strict—plenty of seasoned crypto traders have been wiped out this way.
#BATUSDT #Crypto
The strong gains of +172% over 30 days and +89% over 7 days remain intact, but the funding rate of -0.295% shows shorts are still betting against it.
Slow-grind bull coins are the most insidious—the price looks like it’s cooling off, but it’s really shaking out weak hands. Still, retail traders are most likely to get burned by something that “looks cheap”: don’t cry if it wicks down 10%.
Position size ≤3%, stop-loss 15%. Don’t ask why the rules are so strict—plenty of seasoned crypto traders have been wiped out this way.
#BATUSDT #Crypto