Analyze the current data:

1. Positions dropped by $3 billion;

2. The funding rate is completely normal. The funding rate of the U standard has not yet turned negative, but the OK currency standard has begun to turn negative. It is most likely caused by the hedging behavior of the main spot traders;

3. 500 million long positions were liquidated in a single day. According to the main actions in the past year, the probability of waterfall liquidation is decreasing;

4. Ni Gou is now confused and starts to practice Tai Chi mode and continues to observe Ni Gou’s emotions;

#Meme #PDA #APT #WIF