$SOXS #Futures Trading
Short Alert | SOXS Funding Rate Change
Current funding rate +0.0580% (longs pay, shorts receive)
Previous funding rate +0.0000% (longs and shorts are even)
Funding rate change +0.0580%
Long funding costs continue to rise, and longs are building positions
Market makers may be hunting longs
Current price 72.0600
Trigger level 63.8800
Invalidation level 75.7017
Watch levels 67.7364 / 63.4128
Market signals: Current funding rate +0.0580% (longs pay, shorts receive) / Previous funding rate +0.0000% (longs and shorts are even) / Funding rate change +0.0580% / Long funding costs continue to rise, and longs are building positions / Market makers may be hunting longs
A sustained change in the funding rate indicates that positions are leaning to one side. You can position yourself in advance to follow the move downward; the invalidation level is the stop-loss level.
Short Alert | SOXS Funding Rate Change
Current funding rate +0.0580% (longs pay, shorts receive)
Previous funding rate +0.0000% (longs and shorts are even)
Funding rate change +0.0580%
Long funding costs continue to rise, and longs are building positions
Market makers may be hunting longs
Current price 72.0600
Trigger level 63.8800
Invalidation level 75.7017
Watch levels 67.7364 / 63.4128
Market signals: Current funding rate +0.0580% (longs pay, shorts receive) / Previous funding rate +0.0000% (longs and shorts are even) / Funding rate change +0.0580% / Long funding costs continue to rise, and longs are building positions / Market makers may be hunting longs
A sustained change in the funding rate indicates that positions are leaning to one side. You can position yourself in advance to follow the move downward; the invalidation level is the stop-loss level.