$IDOL #Contract Trading
Short Alert | IDOL Funding Rate Change
Current funding rate +0.1682% (longs pay, shorts receive)
Previous funding rate +0.0820% (longs pay, shorts receive)
Funding rate change +0.0862%
The funding rate paid by longs continues to rise, as longs build positions
Market makers may be hunting longs
Current price 0.03397
Trigger level 0.02340
Invalidation level 0.03703
Levels to watch 0.03193 / 0.02990
Market clues: Current funding rate +0.1682% (longs pay, shorts receive) / Previous funding rate +0.0820% (longs pay, shorts receive) / Funding rate change +0.0862% / The funding rate paid by longs continues to rise, as longs build positions / Market makers may be hunting longs
A sustained change in the funding rate indicates that positions are becoming skewed to one side. You can enter short positions early; the invalidation level serves as the stop-loss level.
Short Alert | IDOL Funding Rate Change
Current funding rate +0.1682% (longs pay, shorts receive)
Previous funding rate +0.0820% (longs pay, shorts receive)
Funding rate change +0.0862%
The funding rate paid by longs continues to rise, as longs build positions
Market makers may be hunting longs
Current price 0.03397
Trigger level 0.02340
Invalidation level 0.03703
Levels to watch 0.03193 / 0.02990
Market clues: Current funding rate +0.1682% (longs pay, shorts receive) / Previous funding rate +0.0820% (longs pay, shorts receive) / Funding rate change +0.0862% / The funding rate paid by longs continues to rise, as longs build positions / Market makers may be hunting longs
A sustained change in the funding rate indicates that positions are becoming skewed to one side. You can enter short positions early; the invalidation level serves as the stop-loss level.