Binance is about to delist VIB, WING, and PDA. Binance announced the official delisting on May 2nd.
Currently, these three cryptocurrencies have started to rise, mainly because of the price increase for offloading, allowing retail investors to take over.
The operators have accumulated a lot of spot positions at the bottom while pushing prices up and offloading. They raise the spot price and then go long on contracts to earn fees in a continuous cycle.
Therefore, when the funding fee reaches -2%, those with contracts should refrain from easily shorting. It is better to wait for a pullback to go long, focusing on swing trading as much as possible.
