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Phúc Du
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The reason for entering a Short position on this is that the Spot market shows signs of profit taking from the whale $AXL , but the funding fee is -2.0
not crashing immediately is due to it moving sideways to lure in Longs and absorb funding. Once the grid is sufficiently gathered, there will be a massive spike in the confusion of Long holders.
not crashing immediately is due to it moving sideways to lure in Longs and absorb funding. Once the grid is sufficiently gathered, there will be a massive spike in the confusion of Long holders.
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