Looking at the funding rate for $EPIC :
24h: +2.92%, funding rate: 0.0845% (longs pay).
The price hasn't risen much, but the funding rate is high, suggesting longs are piling in. If the price breaks down, it could trigger a cascade of liquidations.
What signal would you wait for before making a move?
24h: +2.92%, funding rate: 0.0845% (longs pay).
The price hasn't risen much, but the funding rate is high, suggesting longs are piling in. If the price breaks down, it could trigger a cascade of liquidations.
What signal would you wait for before making a move?