$BSB funding rate is positive 0.133 percent per four-hour interval, annualized near 133 percent.
This is the opposite of AXS, HYPER, and KAT.
There is a cost to holding long overnight.
This does not mean short.
It means long entries must have a clear edge to overcome the carry cost.
Support sits at 0.60 and 0.50.
Below that, 0.40682 is the 24-hour low.
Resistance is 0.69838, the 24-hour high.
A break above that opens 0.75 and 0.80.
For traders.
Entry near 0.66 with a tight stop below 0.63.
Target 0.69 and 0.72.
Small size only.
BSBUSDT
Perp
0.74373
+4.24%
BSB
Alpha
0.74167
+4.25%
HYPERUSDT
Perp
0.12358
-18.62%