The funding rates for $BEAT are currently posing a significant challenge for short traders. đ This market dynamic requires careful consideration for those holding short positions.
In the past hour, my wallet experienced a reduction of approximately 1728 stablecoin due to these funding fees. Such movements underscore the volatility and inherent risks in leveraged trading. đ¸
Despite this setback, the conviction to pursue a strategic market approach remains strong. The aim is to navigate these conditions effectively. đŞ
We continue to monitor short opportunities for $BEAT, drawing parallels to previous successful strategies observed with tokens like $LIGHT. Careful analysis is key. đ
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