In the time it takes to say that, $AIN —another wick is back at 0.24.
Shorts hurting? Down twenty points—cutting your losses?
There was a very important signal in this afternoon’s pullback: the funding rate had been positive ever since the pump began, but it was negative before the 4 p.m. pullback.
Why? The market maker had opened short positions in advance and dumped the price. Now the funding rate is positive again… Guess what the market maker’s going to do.
Shorts hurting? Down twenty points—cutting your losses?
There was a very important signal in this afternoon’s pullback: the funding rate had been positive ever since the pump began, but it was negative before the 4 p.m. pullback.
Why? The market maker had opened short positions in advance and dumped the price. Now the funding rate is positive again… Guess what the market maker’s going to do.
