It is a mistake to immediately expect a rise just because the funding rate for HFT is increasing. I only pay attention to extreme levels.

I opened a short position at 645. The market logic doesn't work like this - funding alone is not enough.

HFT-0.03%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
6
Repost
Share

Comment

0/400

LiquidityOracle

· 11-24 10:10

The funding rate meme has been overinterpreted; this guy is right... just looking at this indicator to buy the dip will get you into trouble every day.

View OriginalReply0

GateUser-2fce706c

· 11-24 02:26

Dude, I talked about this idea three years ago. Just looking at the financing rate and thinking about buying the dip? That's too naive. The moment I shorted at 645, I knew this was going to happen. Market logic isn't that simple.

View OriginalReply0

HashBrownies

· 11-21 18:43

The financing rate has soared, and you want to buy the dip? I'm not that naive.

View OriginalReply0

BlockchainDecoder

· 11-21 18:43

Funding rate surging ≠ automatic price increase, that logic is too naive. From a technical perspective, a single indicator has never been enough to support a market trend; you have to combine it with things like order book depth and position distribution for it to be reliable. The decision to open a short at 645 is interesting—at least they weren't fooled by superficial signals.

View OriginalReply0

CryingOldWallet

· 11-21 18:43

Haha, the funding rate is soaring, just going all in. These people are really going crazy for money, I just take action at extreme positions.

View OriginalReply0

HappyMinerUncle

· 11-21 18:38

Thinking a surge in funding rates will lead to a massive pump? Wake up, that logic is long outdated.

View OriginalReply0