$RLC Funding rate: -0.104% (shorts pay, approximately 227.8% annualized).
Funding rates are a barometer of long/short sentiment in futures; extreme levels in either direction are warning signs.
After a sharp move, the market usually enters a period of consolidation. The shape of that consolidation determines which direction the next move takes.
#RLC
Funding rates are a barometer of long/short sentiment in futures; extreme levels in either direction are warning signs.
After a sharp move, the market usually enters a period of consolidation. The shape of that consolidation determines which direction the next move takes.
#RLC