$CT The funding rate dropped to -0.527%
Don't get carried away—understand funding rates before you act.
Only those holding positions at settlement participate in paying or receiving funding. Positions closed before settlement neither pay nor receive funding.
Some treat extreme rates as contrarian indicators, but historically, prices have sometimes continued in the same direction even after funding rates climbed.
Indicators can fail, so don't skip your stop-loss: plan ahead for what you'll do if you're wrong. That's more important than guessing correctly.
#CT
Don't get carried away—understand funding rates before you act.
Only those holding positions at settlement participate in paying or receiving funding. Positions closed before settlement neither pay nor receive funding.
Some treat extreme rates as contrarian indicators, but historically, prices have sometimes continued in the same direction even after funding rates climbed.
Indicators can fail, so don't skip your stop-loss: plan ahead for what you'll do if you're wrong. That's more important than guessing correctly.
#CT