The Siren recovery and velvet dump is going to confirmed.......

Currently if we take a look on $VELVET and $SIREN Funding rates that is essentially different from each other .

#Velvet funding rates is massively negative and which may Also creat a slightly bullish.

#Siren funding rates is positive and people are taking Long position and which create liquidation zones at lower side and liquidation works as a magnet

SIRENUSDT

Perp

0.0569

+3.08%

VELVETUSDT

Perp

0.3229

-16.47%