Just donât get fallen into thinking that positive funding means you must Short. It can either mean this;
1) Traders prefer buying rather than selling.
2) Short coverings using âreverseâ mode
This 2 is based on my personal OI monitoring. DYOR!
Funding can quickly change within a blink of an eye. I have experienced coins giga pumping on fundings like this only to turn into negative funding later on before blow-off top. Just ride the wave, donât fight it. Ask yourself why is this not dropping despite the funding? Big money doesnât want it to fall, Yet!
$REEF #REEFUSDT