$BTC Let me explain something to you.. Don't be fooled by the crypto market because it was designed so that the brokerage and project owners make money off of you.. For example, who knows about wbtc?? Because the brokerage moves this btc when you make a purchase and does not take it out of the brokerage.. Which means that although millions of people are buying, but in the market who is acting in these purchases is btcd or btcd or wbtc.. The btc network was practically turned off, so anyone who thinks that deflationary btc in theory is beautiful to attract people is mistaken, but in practice inflation was created by the brokerages inflating the original currency.
$LAB when you see a bunch of folks calling for long or short, go the opposite way 🤣 because they just want you to be liquidity.. can't go long.. you're hanging in thin air.. short is pricey.. Jader's crew is bailing 🤣🤣 I think 🤣🤣 a lot of selling.. negative funding, book imbalance... don't jump in just for that.
$LAB negative funding and even more with this rate is already an indication of asset meltdown.. however, if you enter besides the rate, you might struggle with a short on this token with low liquidity... it's like, I'm crashing but don’t enter or I'll wreck you.. there are already a lot of people shorting and I really need to drop to settle futures and spot.
$LAB #btc it's not healthy to go short with negative funding.. why? you're gonna pay a premium for the longs.. there are folks who thrive on this.. they buy on spot and open long positions so the exchange can adjust the price.. do you realize you're paying over 1-2% per hour.. that's on your margin.. it eats up all your funds.. in situations like that, it's better to place a limit order far away and see if the fee drops when the price gets there.. otherwise, keep your distance.. holding a trade for many hours under these conditions isn't worth it.. even if it crashes, trying to gain something is tough.