$PEPE is unstoppable ! Why I'm long ?
I longed PEPE X3 leverage :
Many reasons :
- Bitcoin is bullish
- Technical analysis too (ascending triangle forming)
and mostly :
- Funding rates are negative :
What happens when funding rates are negative ?
When funding rates are negative, traders with short positions receive payments from traders with long positions. This happens because the price of the perpetual futures contract is lower than the spot price of the underlying asset, incentivizing traders to go long (buy) to help rebalance the price.
