$AIO 0.1451, last night a brother bought the dip at 0.1211, now floating profit is 19%, I dare to bet he's hesitating whether to sell — don’t panic, look at the funding rate which is still at 0.0006%, far from the collective euphoria warning line of 0.05%.


Now I give you hardcore data: the Fear Greed Index is currently at 3.2 (extreme greed zone), but AIO this altcoin is completely defying the trend — don’t compare it to BTC.
In historical similar patterns, there have only been two instances where the funding rate was below 0.002% combined with a 24-hour increase of over 18%, the last one was on April 23rd, followed by a 42% rally over 3 days to the peak.
The current holding cost is 0.1417, long/short ratio is 1.02, the shorts are not fully dead yet, which actually makes it safer.
Pay attention to key levels: if tonight the price breaks above the previous high of 0.1527 and the funding rate does not break 0.01%, that indicates institutions are accumulating; if it drops below 0.1350 and the rate turns negative, run immediately.
My trading plan: open a 2% position at the current price of 0.1451, set stop loss at 0.1310 (8% above the previous low), first take profit at 0.1680, second take profit at 0.1850.
Remember, don’t exceed 5% of your total funds in this position, this wave is highly volatile but tricky.
Let’s do a prediction challenge: do you think AIO can hold 0.14 tonight? Leave your direction in the comments.
By the way, tomorrow I’ll share my detailed funding rate monitoring chart.
Sentiment turning point = best entry point, this is most likely the last surge before a correction, don’t wait until the collective chattering of the retail traders shouting 8000U to chase.
AIO2.55%
BTC1.06%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned