$CBRS has been on a downward trend all week, dropping 8.9% in the last 24 hours, and the price is hovering around 244. The funding rate is pinned at 0.00000000, showing no directional premium, with both longs and shorts hesitant to take the lead on costs.
The biggest fear in the derivatives space is this zero-fee bleed structure. Bulls are still holding their ground but aren't adding to their positions, while bears aren’t rushing to lock in profits.
Trading tags: #BinanceFutures #TradFi #USDⓈM #CBRS #CBRSUSDT $CBRS
The biggest fear in the derivatives space is this zero-fee bleed structure. Bulls are still holding their ground but aren't adding to their positions, while bears aren’t rushing to lock in profits.
Trading tags: #BinanceFutures #TradFi #USDⓈM #CBRS #CBRSUSDT $CBRS