🚨 Futures Alert
Not much I trust in this market, but the positioning data doesn't lie. Here's what jumped out:
INIT: funding at -0.902%.
Price +57.8% on the day, top traders' long/short at 1.07.
JCT: funding at +0.201%.
Price -0.9% on the day, top traders' long/short at 1.47.
HOT: funding at -0.146%.
Price +11.5% on the day, top traders' long/short at 1.26.
Honestly, when OI piles up this fast I'd rather sit on my hands than max out leverage.
#Futures #CryptoTrading $INIT $JCT $HOT
Not much I trust in this market, but the positioning data doesn't lie. Here's what jumped out:
INIT: funding at -0.902%.
Price +57.8% on the day, top traders' long/short at 1.07.
JCT: funding at +0.201%.
Price -0.9% on the day, top traders' long/short at 1.47.
HOT: funding at -0.146%.
Price +11.5% on the day, top traders' long/short at 1.26.
Honestly, when OI piles up this fast I'd rather sit on my hands than max out leverage.
#Futures #CryptoTrading $INIT $JCT $HOT