Funding rates are essentially a “toll” paid between longs and shorts.
$BERA Right now, shorts are paying: -0.103%, or about 225.6% annualized.
The fact that traders are willing to pay to stay short means bearish sentiment is strong; if the price doesn’t fall, short-covering buy orders could come in fast.
Who do you think will get squeezed first?
#BERA
$BERA Right now, shorts are paying: -0.103%, or about 225.6% annualized.
The fact that traders are willing to pay to stay short means bearish sentiment is strong; if the price doesn’t fall, short-covering buy orders could come in fast.
Who do you think will get squeezed first?
#BERA