🚨 Futures Alert: a few charts woke up
Scrolled the perps board again and a few of these numbers look off. Worth a closer look:
INIT: funding at -0.664%.
Price -10.9% on the day, top traders' long/short at 1.52.
ERA: funding at -0.365%.
Price +18.7% on the day, top traders' long/short at 1.12.
CYBER: funding at -0.230%.
Price -0.0% on the day, top traders' long/short at 1.26.
Fast OI and funding swings tend to end in a wick one way or the other. Plenty of people end up on the wrong side of those. Size carefully.
#Futures #CryptoTrading $INIT $ERA $CYBER
Scrolled the perps board again and a few of these numbers look off. Worth a closer look:
INIT: funding at -0.664%.
Price -10.9% on the day, top traders' long/short at 1.52.
ERA: funding at -0.365%.
Price +18.7% on the day, top traders' long/short at 1.12.
CYBER: funding at -0.230%.
Price -0.0% on the day, top traders' long/short at 1.26.
Fast OI and funding swings tend to end in a wick one way or the other. Plenty of people end up on the wrong side of those. Size carefully.
#Futures #CryptoTrading $INIT $ERA $CYBER