Degen

Ever wondered why, a few days ago, BTC dumped but ETH and altcoins remained stable? Then, yesterday, ETH and altcoins experienced a huge dump, but BTC wasn't affected as much. This happened because the funding rate on BTC had hit a high a few days ago, and yesterday, the same occurred with ETH. Long positions were opened higher than shorts, leading to a sell-off. However, the funding rates on BTC and ETH have now reset. So, keep holding and don’t panic sell—good days are coming!

Interesting read! Tnx @fuckcoolpussy.eth . Is there a dashboard to monitor these?

I post Memes, I'm 96 year old child: /chatfcp
Whatever I post is not financial advice always do your own research

∂αFβγ + ∂βFγα + ∂γFαβ = 0 | Che, boludo! Visit /degen . Disclaimer: My casts are not financial advice! 

Santiago del Estero, Santiago del Estero Province, Argentina

You can check on coin glass

https://www.coinglass.com/FundingRate