$M funding rate was just extremely low and it continued to r

$M funding rate was just extremely low and it continued to remain negative after the price had stabilised. At this point, the short squeeze that we're seeing was just inevitable.#M #Mantra 

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Extreme negative funding
Date: 28 Nov | Time (UTC): 07:15 am
📉 $M : Current Funding Rate is -0.8878\%
📉 $TURBO : Current Funding Rate is -0 8226\%
These extreme negative rates signify an overwhelmingly high short interest in the market. This creates strong pressure for a move:
• Short Squeeze: Shorts may be forced to cover, leading to a sharp price spike.
• Short Validation: Price continues to drop, confirming the short thesis.

#M #turbo #Futures #FundingRate

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.

MUSDT

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$M funding rate was just extremely low and it continued to remain negative after the price had stabilised. At this point, the short squeeze that we're seeing was just inevitable.

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