📰 【Current mainstream centralized exchanges (CEX) and decentralized exchanges (DEX) fund rate displays, market short-selling sentiment remains high.】

BlockBeats news, on May 3rd, according to Coinglass data, as Bitcoin surged and then fell back into volatility, the current mainstream CEX and DEX fund rates show that market short-selling sentiment is still high, with specific fund rates shown in the attached chart. BlockBeats note: The fund rate is a rate set by cryptocurrency trading platforms to maintain balance between contract prices and the underlying asset prices, usually applicable to perpetual contracts. It is a mechanism for fund exchange between long and short traders; the trading platform does not charge this fee, which is used to adjust the cost or profit for traders holding contracts, so that the contract price remains close to the underlying asset price. When the fund rate is 0.01%, it indicates the baseline rate. When the fund rate...
See it, brothers, the market is collectively short again. Every time retail investors flock to short, the market often changes direction. These people never remember lessons, rising and chasing gains, falling and killing losses, that’s how money is lost. $BTC $ETH At this position now, anyone with a bit of experience should know what to do.