Let's calculate the cost of holding a position: $Q . The current rate is 0.0519%, settled every 4 hours, equivalent to an annualized rate of about 113.7%.
In other words, anyone holding a long position pays the shorts every settlement period, and the longer they hold, the higher the cost. If the market can't keep rising, any weakening among the longs could accelerate the decline.
Which side do you think will crack first—the longs or the shorts?
In other words, anyone holding a long position pays the shorts every settlement period, and the longer they hold, the higher the cost. If the market can't keep rising, any weakening among the longs could accelerate the decline.
Which side do you think will crack first—the longs or the shorts?