Market update | $PRL 5-minute plunge of 3.26%, latest 0.08192, 24h +15.06%.
After the drop, if the funding rate turns negative and becomes increasingly extreme, it means short positions are getting more crowded—so watch out for a short squeeze.
Don’t follow others just because they’re making money; everyone’s position and risk tolerance are different.
#PRL
After the drop, if the funding rate turns negative and becomes increasingly extreme, it means short positions are getting more crowded—so watch out for a short squeeze.
Don’t follow others just because they’re making money; everyone’s position and risk tolerance are different.
#PRL