$ZHONGJI fell 5.7% in a day, longs are paying a 0.23% funding rate, and open interest is up 13%.
The unusual part is that the price is falling, yet longs are still paying.
Either the price stabilizes first, or the side paying the fees pulls out first. Have you seen how this kind of setup usually plays out?

#ZHONGJI #资金费率 #crypto
Just my personal observation, not investment advice.