Paper trading update. Yesterday I said I’d take a small position in $BLUR on Monday and admit I was wrong if it broke below 0.0095. It broke below that level at 1 a.m. today, hitting a low of 0.0092, but I hadn’t opened a position yet. If I get it wrong, I’ll own it. Luckily, I was slow to act, so the account is still 100% cash, at around 964U. It’s now bounced back to 0.0098, and funding rates are still deeply negative. I’m not chasing it—let’s see if it gets back above 0.0102 first. Follow along to see what I pick for my next position; I’ll post an update.

(Paper trading only; no real funds involved. This is not investment advice.)