The new Pancake TGE is here, and this time the rules have changed, so many studios can no longer participate. Additionally, many people's BNB is locked in MegaDrop and cannot participate, so today is definitely a big deal! It is said that the single number is above 100u! Hurry to participate, see the tutorial in the image below.
After being scammed by BNX last time, it has now renamed itself to $FORM . There is no chance of forced liquidation now, so I wonder what you will use to support such a high market value. The amount lost before will be recovered completely.
$FUN The time to take action has arrived. The contract open interest peaked at 1:30 AM yesterday and then started to decline, indicating that large funds are quietly exiting their long positions in the middle of the night.
The best shorting opportunity is when you see a decrease in open interest in the morning but the price hasn't dropped much.
However, there is still an opportunity now; wait for a retracement to the previous high area, and if the contract open interest hasn't risen to the level it was at 1:30 AM yesterday, that would be a very good shorting position. If the open interest doesn't go up, there's no need to fantasize about how much further the price can rise.
The funding rate for $FUN has been fully utilized at -2%, and the contract open interest is still rising. Large holders' long positions are increasing, while the number of retail investors shorting is also on the rise. I want to emphasize again that those shorting should not be anxious. Even if the price remains stagnant at this level, the funding rate over the course of a day will lead to significant losses for the shorts. I will post again when the signal for shorts to act appears.
Pancake's TGE is about to start again, a money-giving event that everyone can participate in. A risk-free arbitrage method to borrow BNB from Venus to participate, see the tutorial in the image below.
#AUCTION/USDT. 's rate is so heavily negative. If you look at my 上期视频, you'll know that shorting is definitely not an option. It's obvious that there are market makers pulling the spot.