$SIREN The fee rate gradually decreases, waiting for the fee rate to turn negative, then take off directly🛫

SIREN-5.01%
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青川踏歌QingchuanTreading
· 06-15 05:58
The spot market is now very easy to stretch.
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青川踏歌QingchuanTreading
· 06-15 05:58
So the spot price isn't falling because retail investors don't have any inventory, so they can't dump the market; the big players are dumping the contracts. The high funding rate causes perpetual contract longs to keep closing, triggering a chain reaction. Currently, 80% of retail investors are long. If you were the big player, would you let the contracts increase? Continuing with the contract market and supporting the spot price is the most optimal solution for the big players. The big players won't let the funding rate decrease much.
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GunOut,TravelingDragon
· 06-15 05:45
The contract is decoupled from spot—its contract price is synchronized on-chain and mirrors the RAVE contract’s trend exactly. With the slightest bounce up, it gets smashed down immediately; it’s so easy for fees to kill you. RAVE has been down for 3 months.
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