Looking at the funding rate for $SIREN :
24h: -4.49%; funding rate: 0.0924% (longs pay).
The price hasn’t risen much, but the funding rate is relatively high, suggesting longs are stubbornly holding on. If the price breaks down, it could trigger a cascade of liquidations.
Vote in the comments: up or down?
24h: -4.49%; funding rate: 0.0924% (longs pay).
The price hasn’t risen much, but the funding rate is relatively high, suggesting longs are stubbornly holding on. If the price breaks down, it could trigger a cascade of liquidations.
Vote in the comments: up or down?