With 80.05 hanging there, it’s dropped 3.5 points, and this bearish candlestick isn't exactly gentle. But check the funding rate, still positive at 0.0003. The bulls aren’t backing down, holding on to negative premium while continuously paying interest. OI is at 440,000 contracts and hasn’t budged; folks are locked in tight.
This structure is most vulnerable to political pressure. CRCL is from Circle, and TradFi perpetuals thrive on compliance narratives. The Fed's dot plot is out, and Trump keeps throwing his weight around on crypto regulation, so as soon as policy expectations tighten, these assets will be the first in the crosshairs.
I’m familiar with the combo of a drop and positive funding: the on-chain consensus hasn’t flipped yet, but the price is already down. With 440,000 contracts locked, if we break below 78.5 decisively, stop-loss orders and liquidation cascades will stack up, and there’s hardly any decent buy support below.
My game plan is simple: I’m eyeing the 82 to 84 range. If we bounce back and the funding rate doesn’t turn negative, I’ll go in short. 2x leverage is enough, with a stop-loss set at 86, and my first target at 75. I’ll allocate 15% to 20% of my total position for this. If it doesn’t bounce and breaks 78.5 without volume returning, I’ll chase the short without waiting for a second confirmation.
Right now, this price is pointless; my order is already set, just waiting for it to hit me.
Trading tag: #TradFi #链上美股 #CRCL
How long do you think this favorable policy wave can last?
This structure is most vulnerable to political pressure. CRCL is from Circle, and TradFi perpetuals thrive on compliance narratives. The Fed's dot plot is out, and Trump keeps throwing his weight around on crypto regulation, so as soon as policy expectations tighten, these assets will be the first in the crosshairs.
I’m familiar with the combo of a drop and positive funding: the on-chain consensus hasn’t flipped yet, but the price is already down. With 440,000 contracts locked, if we break below 78.5 decisively, stop-loss orders and liquidation cascades will stack up, and there’s hardly any decent buy support below.
My game plan is simple: I’m eyeing the 82 to 84 range. If we bounce back and the funding rate doesn’t turn negative, I’ll go in short. 2x leverage is enough, with a stop-loss set at 86, and my first target at 75. I’ll allocate 15% to 20% of my total position for this. If it doesn’t bounce and breaks 78.5 without volume returning, I’ll chase the short without waiting for a second confirmation.
Right now, this price is pointless; my order is already set, just waiting for it to hit me.
Trading tag: #TradFi #链上美股 #CRCL
How long do you think this favorable policy wave can last?