Heh let's try this again. If funding rates are negative (i.e. shorts pay longs), is that:
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Voted bearish just because I’m short. But I’m sure it dosnt really have an effect just means more people are short that’s long on that pair ?
Long, because everybody will be rushing to open position to get that small little money
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Trick question. Because general sentiment is not always same as actual market condition
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Was my answer wrong ?
I would look at funding growth rate, i.e. if the rate at which shorts pay long is increasing, short OI is probably growing / long OI diminishing, and the trend probably bearish
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It depends but it means that bears have profited *too much* already and to compansate this (so to move closer to the equilibrium, which is one of the basic "truth"s of the market), bears are paying bulls. People do not understand this makes me crazy. Whether this is 🐻/🐃 varies
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Everything on CT is bearish now with calls to 1k, wtf you talking bout lol