$GEV Over the past 24 hours, it has fallen 4.718%, and the funding rate remains positive at 0.00062702. The price is down but the funding is still positive—this is a dangerous signal. It suggests that longs haven’t exited; instead, they’re paying for additional positions, trying to average down their cost. This kind of structure usually doesn’t rebound immediately, but keeps grinding lower until the longs can’t hold and get liquidated.
The strongest counterevidence is that a large-scale short covering suddenly appears here, but the current data doesn’t support that. The next forced move will be from those leveraged long positions—the liquidation wall will move lower.
Trading label: #TradFi #链上美股 #GEV
Where do you think this thesis is most likely to be wrong?
The strongest counterevidence is that a large-scale short covering suddenly appears here, but the current data doesn’t support that. The next forced move will be from those leveraged long positions—the liquidation wall will move lower.
Trading label: #TradFi #链上美股 #GEV
Where do you think this thesis is most likely to be wrong?