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Actually, I would normally expect it to drop below 100, but the funding rates seem to be supporting the price right now. I think the main reason for it to stay at these levels is the effect of the funding rates.

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degenwhisperervip
· 11h ago
The funding rate is indeed supporting the market this time; otherwise, it would have dropped below 100 long ago.
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TokenTaxonomistvip
· 11-21 19:41
ngl the funding rates carrying this hard is exactly what my spreadsheet predicted three weeks ago—when everyone was calling for sub-100 capitulation. statistically speaking, this is just the ecosystem's way of redistributing capital to those who actually run the numbers. taxonomically incorrect price action imo, but the data doesn't lie
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LadderToolGuyvip
· 11-20 14:25
The funding rate is really propping up the market this time; otherwise it would have collapsed earlier.
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NftRegretMachinevip
· 11-20 14:19
The funding rate is truly an invisible hand, with an influence greater than I imagined...
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GasFeeCriervip
· 11-20 14:16
The funding rate is really cunning; if you're not careful, it will pull you back.
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MetadataExplorervip
· 11-20 13:58
The financing rate is indeed an invisible hand; the market seems rational but is actually being led by it.
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