$POWR funding rate: -0.336% (shorts pay; annualized rate approximately 736.6%).
When funding rates are heavily skewed, it often means positions on one side are overcrowded, increasing the risk of a shakeout in the opposite direction.
Only price action confirmed by trading volume is meaningful; an unusual move in a single candlestick doesn't tell us much.
When funding rates are heavily skewed, it often means positions on one side are overcrowded, increasing the risk of a shakeout in the opposite direction.
Only price action confirmed by trading volume is meaningful; an unusual move in a single candlestick doesn't tell us much.