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#GateChristmasGiveaway #数字资产市场观察 Have you been sideways for too long? Some people can't sit still and are forcing a big move.
Just now, UP over there surged over 30% directly, and the funding rate skyrocketed to the outrageous number of -2. The shorts were directly crushed by this wave, and the longs were not quiet either, fighting fiercely with blood flowing like a river, the scene comparable to a meat grinder.
The most critical question now arises: how long can this extreme negative interest rate be sustained?
More importantly, when will the reverse harvesting occur? Once the funding situation cannot hold up, this vertical surge is likely to instantly turn into free fall.