Today’s topic | Long-short structure
$BIRB Contract data shows that short positions are somewhat crowded, with a funding rate of -0.6012%.
The funding rate only tells us which side is more crowded; assessing direction still requires looking at price structure, trading volume, and open interest.
Let’s keep watching.
#BIRB #LongShortStructure
$BIRB Contract data shows that short positions are somewhat crowded, with a funding rate of -0.6012%.
The funding rate only tells us which side is more crowded; assessing direction still requires looking at price structure, trading volume, and open interest.
Let’s keep watching.
#BIRB #LongShortStructure