Let’s talk about $JCT : +12.5% in 1 hour.
After a rally, futures longs usually pile in too. If the funding rate gets too high, watch out for longs getting shaken out. I have a habit of taking a screenshot when I spot this kind of unusual move, then checking back a few hours later to see how it plays out.
#JCT
After a rally, futures longs usually pile in too. If the funding rate gets too high, watch out for longs getting shaken out. I have a habit of taking a screenshot when I spot this kind of unusual move, then checking back a few hours later to see how it plays out.
#JCT