maartunn
Funding Rate + Open Interest
Funding Rate combined with Open Interest is usually a good indicator of how the market is positined Currently, Open Intrest is growing rapidly and funding is positive. This suggests that bulls are opening leveraged long positions, while the price is dumping. This will give pressure on this long, especially if they are underwater If they are forced to close to position or they getting liquidated, this could lead in a long squeeze This doesn't mean it HAS too, but for sure it is a warning sign!