$BIRB Funding rate -0.265% (shorts pay, approximately 579.7% annualized).
When the funding rate is high, opening a position in the same direction means piling into the most crowded trade. Think carefully before entering.
The candlestick close matters more than the wick: a solid close indicates the direction is real.
#BIRB
When the funding rate is high, opening a position in the same direction means piling into the most crowded trade. Think carefully before entering.
The candlestick close matters more than the wick: a solid close indicates the direction is real.
#BIRB
