📐 $BTC 82580, 1h +0.25%, 24h +0.9%
News: Yushu’s rise was accompanied by funding rates quickly turning negative; the largest long position has yet to return to its cost basis.
Looking at the data, reactions to similar news aren’t always the same, so don’t assume the past will repeat. The news is positive, but I’m more concerned with whether the price has already priced it in.
News: Yushu’s rise was accompanied by funding rates quickly turning negative; the largest long position has yet to return to its cost basis.
Looking at the data, reactions to similar news aren’t always the same, so don’t assume the past will repeat. The news is positive, but I’m more concerned with whether the price has already priced it in.