Your short-selling assistant has detected an abnormal signal in the funding rate of $PENDLE .

$PENDLE 's current price is 2.01 USDT, with a 24-hour price change of +7.6%. The open interest (OI) has changed by +10.6%, with position segments: 20.9M > 20.7M > 21.3M > 23.1M. The 24-hour trading volume reached $46.3M, with a current market cap of $516.9M, and spot trading pairs are available.
Regarding the rate, the funding rate of $PENDLE has shifted from +0.0004% to -0.0008%. The funding rate turning negative indicates increased bearish momentum; open interest has moderately expanded, intensifying the bulls and bears battle; community sentiment is bullish, with rising attention; recent news includes 10 articles, media focus is high; news: CLARITY Act Gets Crypto Industry Ultimatum; 571 smart money addresses are watching, with clear institutional/KOL interest.
From market analysis, $PENDLE's open interest has grown moderately by 10.6%, with continuous capital inflow into the contract market, and market attention is rising. The rate just turned negative (-0.0008%), indicating bearish forces are gathering; close monitoring of subsequent rate movements is necessary. $PENDLE's price has increased by 7.6% in 24 hours, but the rate has turned negative—price remains firm while bears increase positions, forming a 'bear fuel' pattern. If bears cannot withstand the cost and start liquidating, a short squeeze rebound may occur. The trading volume of $46M indicates ample liquidity, and market attention is high.
Operational suggestions:
For friends holding short positions in $PENDLE, please pay attention to rate changes; after the rate turns negative, holding costs will gradually rise.
If considering going long on $PENDLE , it is recommended to be cautious in the current bearish dominance, wait for a clearer trend before making decisions. $PENDLE short-term volatility may increase; regardless of holding long or short positions, please control leverage and manage risks carefully.
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