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#通证化浪潮 Is it a good time to Short now? Don't rush to take action.
Yesterday, the main force did show signs of selling around 0.233, but looking at the 1-hour candlestick chart, the price seems to be stabilizing after a decline. More importantly, the current funding rate has reached -1.21%, indicating that the short positions are too crowded.
At times like this, the sideways movement is actually just cutting the funding fees of short positions. Don't become the one who gets harvested.
If you already have positions, remember to set your take profit and stop loss levels. Altcoins can have terrifying volatility, and if you're not careful, you could get caught in a squeeze.
Today, you can focus on the following: STRK, TFUEL, NXPC, SOLV, BICO.