🚨 $BTW: funding at -0.420%
Most of the board is quiet, but this one is worth a second look:
Price -16.1% on the day, top traders' long/short at 0.77.
What it means: Negative funding means shorts are paying longs to hold. Shorts are the crowded side here, and if price pushes up, forced short covering can make the move sharper.
Would you sit this one out or trade it small?
No view on direction, just flagging the positioning.
#Futures #CryptoTrading $BTW
Most of the board is quiet, but this one is worth a second look:
Price -16.1% on the day, top traders' long/short at 0.77.
What it means: Negative funding means shorts are paying longs to hold. Shorts are the crowded side here, and if price pushes up, forced short covering can make the move sharper.
Would you sit this one out or trade it small?
No view on direction, just flagging the positioning.
#Futures #CryptoTrading $BTW
