Let's talk about the recent move in $ONE : -5.06% in 5 minutes.
After a drop, if the funding rate turns negative and becomes increasingly extreme, it means shorts are piling in, so you should actually watch out for a short squeeze. I've been burned chasing this kind of rapid volatility before, so now I always pause before jumping in.
#ONE
After a drop, if the funding rate turns negative and becomes increasingly extreme, it means shorts are piling in, so you should actually watch out for a short squeeze. I've been burned chasing this kind of rapid volatility before, so now I always pause before jumping in.
#ONE
