For those keeping an eye on leveraged funds: $JCT has a funding rate of 0.112%, with longs continuing to pay.
This means a large number of leveraged long positions are crowded on the long side. If the price reverses, there’s a significant risk of a long-position liquidation cascade.
Annualized, that’s about 245%. What indicators do you usually keep an eye on?
Don’t take this as investment advice.
This means a large number of leveraged long positions are crowded on the long side. If the price reverses, there’s a significant risk of a long-position liquidation cascade.
Annualized, that’s about 245%. What indicators do you usually keep an eye on?
Don’t take this as investment advice.