🚨 BAT JUST RAN +175% IN 30 DAYS — BUT THE FUNDING RATE WAS BETTING AGAINST IT.
Basic Attention Token went from 0.0735 USD on Sep 17 to 0.2022 USD today — while Bitcoin sat flat near 81,460 USD and ETH hovered at 2,424 USD. A runner this strong deserves a full research check.
Here is what the data shows:
📊 Oct 9 printed a +34 pct single-day surge, perp open interest jumped +60 pct the next day, and Oct 14 saw 181.8M USD in 24h volume — the 30-day max.
💧 Perp funding turned NEGATIVE as price rose — shorts were paying longs. When short covering becomes the fuel, the rally is rented, not owned.
📉 Context: BAT is still ~26 pct below its price a year ago, daily RSI hit 78.8 (overbought), and Brave has published no fresh announcement since Sep 3.
When a coin runs on short squeezes and roadmap momentum, exits get thin fast — so research the catalyst, the funding, and the overbought levels BEFORE the trade, not after.
Which check do most beginners skip — funding, or the actual catalyst? 👇
Not financial advice — educational purposes only.
#Altcoins #crypto #Bitcoin #TradingTips
$BAT $BTC $ETH
Basic Attention Token went from 0.0735 USD on Sep 17 to 0.2022 USD today — while Bitcoin sat flat near 81,460 USD and ETH hovered at 2,424 USD. A runner this strong deserves a full research check.
Here is what the data shows:
📊 Oct 9 printed a +34 pct single-day surge, perp open interest jumped +60 pct the next day, and Oct 14 saw 181.8M USD in 24h volume — the 30-day max.
💧 Perp funding turned NEGATIVE as price rose — shorts were paying longs. When short covering becomes the fuel, the rally is rented, not owned.
📉 Context: BAT is still ~26 pct below its price a year ago, daily RSI hit 78.8 (overbought), and Brave has published no fresh announcement since Sep 3.
When a coin runs on short squeezes and roadmap momentum, exits get thin fast — so research the catalyst, the funding, and the overbought levels BEFORE the trade, not after.
Which check do most beginners skip — funding, or the actual catalyst? 👇
Not financial advice — educational purposes only.
#Altcoins #crypto #Bitcoin #TradingTips
$BAT $BTC $ETH