$1000CAT is currently seeing shorts subsidize longs: funding rate -0.616%, ranked #2 across the entire market.
Breaking it down: short positions are crowded, and holding costs are still accumulating.
Above, 0.001691 (15m structure level · 9 touches) is the nearest resistance; below, 0.00165875 (15m structure level · 4 touches) is the nearest support. When holding costs start to fall, the crowded side is more likely to see concentrated liquidations.
#1000CAT #BinanceFutures
The funding rate has surged to the top of the market—how much longer do you think it can last?
Breaking it down: short positions are crowded, and holding costs are still accumulating.
Above, 0.001691 (15m structure level · 9 touches) is the nearest resistance; below, 0.00165875 (15m structure level · 4 touches) is the nearest support. When holding costs start to fall, the crowded side is more likely to see concentrated liquidations.
#1000CAT #BinanceFutures
The funding rate has surged to the top of the market—how much longer do you think it can last?
