The funding rate data seems to be incorrect. Because it is quite contradictory at the moment.
Is the Funding rate being trapped by MM when the stuffed Long orders are actually MM orders???
BTCDOM data shows that most of the young people are thinking that there will be a correction here, however the funding rate and OI are at an extreme fomo level.
The data measuring greed and fear is at a low level compared to the bullrun.
I will continue to observe in the coming days, still bull market until the end of this week.
I WILL BEAR UNTIL THE END OF THIS WEEK TO SEE HOW IT IS.
P/S: Up to now, many young people still say that it is not altseason yet, so it seems that MM has made the right move. When the young people holding usdt can't stand it anymore, it is time to exit. 🤣🤣🤣
In the past 24 hours, 155,446 traders were liquidated, the total liquidation amount was $391.72 million
The largest liquidation order occurred on OKX - $ETH ETH-USDT-SWAP worth $1.78 million
=>>> The young people stuffing Vol $ETH is so terrible, it swept away everything.
#BULL-RUN #BullistMarket #AltSeasonComing #AltSeasonOnTheWay #AltseasonGains
