$BR Funding rate: -0.11% (240.2% annualized); shorts pay.
The rate is negative and extremely low, indicating crowded leveraged short positions. When shorts become overly crowded, a short squeeze can occur, so think twice before chasing the downtrend.
Considering the 24h gain of +18.23%, sentiment is heating up. Do you place more weight on the data or sentiment?
#BR
The rate is negative and extremely low, indicating crowded leveraged short positions. When shorts become overly crowded, a short squeeze can occur, so think twice before chasing the downtrend.
Considering the 24h gain of +18.23%, sentiment is heating up. Do you place more weight on the data or sentiment?
#BR