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Day 79 · Funding Rate Is the Market's Temperature
In the morning, feeling your forehead tells you whether you have a fever.
The market is the same. The funding rate is its thermometer. When it's hot, the bulls are feverish, everyone is excited, even the most cautious start shouting "This time is different."
When it's negative, the bears shiver, panic spreads, and only sighs remain in the group chat.
But you know, a fever is not a disease; it's the immune system fighting.
A high funding rate is a warning from the market: it's time to cool down.
A low rate is the market saying: we're freezing, it's time to warm up.
I get into the habit of checking the funding rate every morning.
When it's not too high or too low, I hold my position with peace of mind.
If it's too high, I reduce a bit; if it's too low, I wait.
Like taking a child's temperature, it's not to scare yourself but to know whether to cover up or take medicine.
Day 79, the temperature is normal. The market is slowly recovering. #GatePreIPOs首发SpaceX