$PIPPIN The funding rate just dropped to -2% for the second time, which is a strong indication that the market is overly skewed toward longs. When funding stays negative like this, it often means traders are paying a premium to hold short positions, signaling potential exhaustion of bullish momentum.



If this pattern continues, we could soon see a solid short opportunity emerging as the market corrects the imbalance. Keeping an eye on open interest and liquidation data over the next few sessions could confirm the setup.
PIPPIN1,38%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin