🐋 A note for those watching leveraged funds: $RLC funding rate: -0.104%; shorts are paying.
This means a large number of leveraged short positions are crowded on the short side. If the price rebounds, short covering could trigger a sharp rally.
Annualized rate: about 227.8%. What data do you usually keep an eye on?
#RLC
Whether to buy is up to you; this is just a record.
This means a large number of leveraged short positions are crowded on the short side. If the price rebounds, short covering could trigger a sharp rally.
Annualized rate: about 227.8%. What data do you usually keep an eye on?
#RLC
Whether to buy is up to you; this is just a record.