$BR funding rate: -0.371% (shorts pay; annualized rate approximately 812.1%).
An extreme rate doesn’t mean an immediate reversal. Sometimes an overheated market gets even hotter, but volatility generally increases.
After an unusual move, the market often enters a consolidation period, and how it consolidates affects which direction the next move takes.
For reference only. You’re responsible for your own trading.
An extreme rate doesn’t mean an immediate reversal. Sometimes an overheated market gets even hotter, but volatility generally increases.
After an unusual move, the market often enters a consolidation period, and how it consolidates affects which direction the next move takes.
For reference only. You’re responsible for your own trading.