Of 39 coins, only 4 are still in the green over the past 72 hours. BARD is up 87.24% in a day, and BERA is up 33.33%—money is piling into a tiny handful of tokens. BARD’s current funding rate is -2.0000%, meaning shorts are paying longs. It’s clear who’s paying whom: holding the side that collects funding is more worthwhile than trying to call the top, but the day the rate turns positive is the end.
Don’t enter above 0.155. There’s only another leg up if 0.13 holds on a retest; if 0.13 breaks, everything before that was just paper gains.
Don’t enter above 0.155. There’s only another leg up if 0.13 holds on a retest; if 0.13 breaks, everything before that was just paper gains.
