As per title I don't see much of a rally keep going.
Possibly we will see a correction, I am buying the orange line levels
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Today deribit.com perpetual contract showed a sligthly negative funding while showing contango on the futures which is unusual. This circumstance might signal a bearish setup of those market making those contracts.
The future contracts have also sharply shrunk the premium rate to the index confirming the already stated sentiment.
Possibly we will see a correction, I am buying the orange line levels
------
Today deribit.com perpetual contract showed a sligthly negative funding while showing contango on the futures which is unusual. This circumstance might signal a bearish setup of those market making those contracts.
The future contracts have also sharply shrunk the premium rate to the index confirming the already stated sentiment.