LangYu'sTrading65Requiem

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The funding rate for Bitcoin has just dropped to its most negative level since 2023.
Simply put, the market is now overwhelmingly short, and the bearish sentiment has become somewhat extreme.
But this situation is actually quite interesting; historically, every time the funding rate has been this negative, it’s usually not far from a cyclical bottom.
BTC0,58%
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Let me do some quick math for everyone.
When the market maker is at $RAVE 0.2U, they buy in with $100k, no leverage, just spot trading.
So today, this position is worth $10 million.
Based on an hourly funding rate of -1.5%,
just the funding fee alone can earn $150k per hour.
Over a day, the total funding fee is $3.5 million.
So here’s the question—
Do you think, with this money-making machine,
they would risk sacrificing their golden goose to harvest a few long-term traders?
If you're thinking of shorting, think again.
$RAVE #Gate13周年现场直击
RAVE35,6%
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Good thing I liquidated my positions before dawn.
Before and after exiting in the upward direction, you must liquidate and wait and see—strictly stick to the right-side strategy.
Let’s encourage each other! $ETH #Gate13周年
ETH-0,71%
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