SOL & XRP DUMP IMMINENT? Funding rates SCREAM WEAKNESS!
The truth is out. Leveraged traders are NOT bullish on $SOL or $XRP. Funding rates confirm this. Perpetual futures are showing shorts are in control. Rallies are dying because no one is buying the dips. There's a lack of conviction. Even good news for $XRP means nothing. Shorts are not covering. Longs are not paying premiums. Expect sideways pressure until funding rates flip. The market is not broken, but it's not bullish.
Disclaimer: Trading involves risk.
SOLUSDT
Perp
122.65
+0.45%
XRPUSDT
Perp
1.871
+0.59%
