$BTC - SHORT play (x75)
Funding positive at 0.0028% on $BTC while price struggles. What do you make of that?
- Longs are paying shorts to stay open, so the cost sits with the side that is losing ground.
- That reads backwards for a short at first glance, but paying to hold a weak price is not strength.
Setup:
Entry: 75666.74–75689.07
TP1: 75260
TP2: 75025
TP3: 74810
SL: 75997.86
Price move: stop -0.4% · first target +0.6% · last target +1.2%
⚠️ Personal market insight, not investment advice. DYOR.
Funding positive at 0.0028% on $BTC while price struggles. What do you make of that?
- Longs are paying shorts to stay open, so the cost sits with the side that is losing ground.
- That reads backwards for a short at first glance, but paying to hold a weak price is not strength.
Setup:
Entry: 75666.74–75689.07
TP1: 75260
TP2: 75025
TP3: 74810
SL: 75997.86
Price move: stop -0.4% · first target +0.6% · last target +1.2%
⚠️ Personal market insight, not investment advice. DYOR.
