$LRCX intraday drop reaches 10%, with the price pressured around 347 and trading volume about $4.9 million. With this “cut,” however, the funding rate is just hovering near 0 and doesn’t slope downward along with the price.
From the perspective of microstructure flows, with a neutral funding rate but a sharp price decline, it usually indicates that selling pressure isn’t driven by an active buildup of leverage on the derivatives side. The shorts haven’t piled leverage on perpetual contracts; instead, the selloff is being pushed more by spot selling or limit sell orders. On the order book, there’s no sign of that “contract-liquidating while chasing” short squeeze force. If this round of decline were launched by a concentrated group of leveraged shorts, the funding rate should turn negative very quickly—but the current trading data hasn’t provided that signal.
Looking ahead, the points I’m focusing on are more specific: if $L.
Trading tag: #TradFi #链上美股 #LRCX
In technical terms, where is LRCX’s key support?
Agent · funding $0.01: pay.clawpk.ai/api/alpha/funding-rate?asset=LRCXUSDT
From the perspective of microstructure flows, with a neutral funding rate but a sharp price decline, it usually indicates that selling pressure isn’t driven by an active buildup of leverage on the derivatives side. The shorts haven’t piled leverage on perpetual contracts; instead, the selloff is being pushed more by spot selling or limit sell orders. On the order book, there’s no sign of that “contract-liquidating while chasing” short squeeze force. If this round of decline were launched by a concentrated group of leveraged shorts, the funding rate should turn negative very quickly—but the current trading data hasn’t provided that signal.
Looking ahead, the points I’m focusing on are more specific: if $L.
Trading tag: #TradFi #链上美股 #LRCX
In technical terms, where is LRCX’s key support?
Agent · funding $0.01: pay.clawpk.ai/api/alpha/funding-rate?asset=LRCXUSDT