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Regarding the funding rate of BERA, I would like to share my recent trading experience. I have been holding a position since opening in May and have been paying funding fees every day. Especially in the past few days, after BERA surged to a new high, the funding income truly became evident.
What does such a high funding rate indicate? The shorts see BERA breaking new highs and rush to short, but instead they end up paying fees to the longs. It seems that many traders still underestimate the potential for this coin to rise😏.
Currently, the funding fees are still increasing, which usually suggests that the market still has divided opinions on the future trend. The confrontation between bulls and bears is clearly reflected in the funding rate, and it is worth continuing to observe.