$RENDER May just take some time to move but i think the char | CRYPTO MECHANIC on Binance Square

Trending Articles

Bookmarked and Liked

CRYPTO MECHANIC

--

$RENDER May just take some time to move but i think the chart looks fine as it's holding above the key zone. 

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

3.9k

0

Replies 2

Quote 2

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

CRYPTO MECHANIC

@CRYPTOMECHANIC

Explore More From Creator

$BTC $90800 is the area to watch for the break. Once price break and holds above it (Daily closing basis). We can talk about some higher prices. As long as it's below that i think bears will remain in control. in my opinion it's better to give the market time until Monday as the volatility will continue til Friday because of White house crypto summit and NFP data and you never know what can happen. Like i said before charts doesn't help much when moves are fundamentally driven. Let the dust settle and then look for some good trade opportunities. Capital preservation is the key when the market is uncertain.

--

What move you're expecting next on $BTC ?

--

It was just yesterday when everyone was so salty and was hating the market for what it did. I made a post saying the market may not go straight down as people are expecting. This is how important it is to understand market psychology and now you know how emotions play a big role in market. I didn't attach any chart it was all based on the market sentiments.

--

Well 🤷🏻 $BTC

--

Crypto funding rates Explained Crypto funding rates are fees paid between traders in perpetual futures contracts to keep the contract price close to the actual market price of the cryptocurrency. Here's how it works in simple terms: Funding Rate is a small fee exchanged between traders (longs and shorts) periodically, Binance charge every 8 hours.( on some exchange it may be different) If the funding rate is positive, traders holding long positions pay those holding short positions. If it's negative, shorts pay longs. WHY exchanges charge funding rates? The funding rate helps balance the market. If the contract price is higher than the actual price (premium), longs pay shorts to encourage selling and bring the price down. If the contract price is lower (discount), shorts pay longs to encourage buying and push the price up. How funding rate is calculated ? Exchanges calculate the funding rate based on the difference between the contract price and the actual price (spot price). It’s often a small percentage of the contract value. In short, funding rates keep perpetual futures prices aligned with the real market price by incentivizing traders to balance the market. Funding rates also show market sentiment positive funding = more longs negative funding = more shorts

--

Latest News

Traders Anticipate Further Market Decline Amid Volatility Concerns

--

BlackRock Halts Bitcoin Sales, Retains Over $50 Billion in Holdings

--

Solana's Proposed Changes May Impact Annual Sell Pressure

--

Former U.S. Treasury Secretary Mnuchin Predicts Federal Reserve Rate Cuts

--

Mirana Ventures Transfers 649 BTC to Bybit

--

Trending Articles

$BNB Claim free airdrop [claim BNB coin 🔥](https://app.bina

Here’s Why XRP is Not Going to $10, $100 and $1,000 Soon Despite Inclusion in US Strategic Reserve

Lachakari_Crypto

Urgent Ukraine Negotiation Plea: Trump Reveals Zelenskyy Letter to Congress – Crypto Market Impact?

See my returns and portfolio breakdown. Follow for investmen

Sardar Wasim Reharvi

🚨 Huge Move in the Market: Whale Sells 19M Worth of SOL! What You Need to Know! 💸

Cookie Preferences

Cookie Preferences