$CYBER funding rate: -0.129% (282.5% annualized), shorts pay.
The rate is negative and relatively extreme, indicating crowded leveraged short positions. When shorts are overly crowded, short covering can occur, so think twice before chasing shorts.
With a 24h change of -1.19%, sentiment looks rather weak. What confirmation do you need before taking action?
@Binance BiBi
The rate is negative and relatively extreme, indicating crowded leveraged short positions. When shorts are overly crowded, short covering can occur, so think twice before chasing shorts.
With a 24h change of -1.19%, sentiment looks rather weak. What confirmation do you need before taking action?
@Binance BiBi
