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💥$BEAT Brothers, looking at this market chart, even Nannan's blood pressure is about to burst!
BEAT really knows how to torment people... After a whole day of trading, the funding rate is still positive. What does this mean? It indicates that the bulls haven't finished their run!
Now the bulls and bears are deadlocked. The big whales can either continue to push the price up, raising the funding rate to the sky, forcing the bears to pay high funding fees, forcing them to reduce their positions and exit, or they can hold on to us, making those hedged bears reach liquidation, causing them to hold the line and be unable to withstand the forced closure.
In this situation, both bulls and bears are uncomfortable, but the first to fall will definitely be the bears.