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Know what happened?
The 50k kickback scared everyone.
"Further downside, funding is insanely high, market is heated"
They shorted.
I was scared too.
Market went higher. Some got stopped. Some got liquidated. Most became angry. "How can I be wrong"
They shorted some more.
The 50k kickback scared everyone.
"Further downside, funding is insanely high, market is heated"
They shorted.
I was scared too.
Market went higher. Some got stopped. Some got liquidated. Most became angry. "How can I be wrong"
They shorted some more.
I was scared too tbh.
I bought puts, to cover the loss in uPnL and the stops if it were to fall.
Market marked up. My puts are going to expire worthless. But it was a small cost to pay for positions that were built up.
I bought puts, to cover the loss in uPnL and the stops if it were to fall.
Market marked up. My puts are going to expire worthless. But it was a small cost to pay for positions that were built up.
Market structure comes first, then funding (and other metrics).
Its funding in context of the chart, and not chart in context of funding.
Its funding in context of the chart, and not chart in context of funding.
Funding is reactive, not predictive.
If you're going to short solely on basis of funding, you're going to miss some of the most heated and explosive movements in the markets.
context context context
If you're going to short solely on basis of funding, you're going to miss some of the most heated and explosive movements in the markets.
context context context
"Funding", he said as he shorted his last $100 on bybit.
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