On June 14, the crypto market analysis firm Santiment posted on social media that since yesterday’s Bitcoin price hit the bottom and rebounded, most traders have continued to go long and have gained slight profits. However, Ethereum traders have shown a “momentum investing” trend—constantly switching their holdings direction in response to the latest price fluctuations. It is important to be cautious that when the funding rate on trading platforms swings from one extreme to another, it is often accompanied by large-scale position liquidations. The best entry points usually occur when the market is generally bearish, while the best exit nodes exist during excessive bullish phases. It is recommended to monitor the one-way fluctuation trend of BTC and ETH funding rates to capture key trading opportunities.
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Santiment: Ethereum futures trading participants prefer "momentum investing", switching their holdings direction repeatedly with price fluctuations.
On June 14, the crypto market analysis firm Santiment posted on social media that since yesterday’s Bitcoin price hit the bottom and rebounded, most traders have continued to go long and have gained slight profits. However, Ethereum traders have shown a “momentum investing” trend—constantly switching their holdings direction in response to the latest price fluctuations. It is important to be cautious that when the funding rate on trading platforms swings from one extreme to another, it is often accompanied by large-scale position liquidations. The best entry points usually occur when the market is generally bearish, while the best exit nodes exist during excessive bullish phases. It is recommended to monitor the one-way fluctuation trend of BTC and ETH funding rates to capture key trading opportunities.