This morning I saw the funding rate had risen to around -0.5%, which scared me so much that I closed my positions. I didn't expect QQQ to have such poor liquidity on the CEX and such crowded short. QQQ has reached a critical position. If it falls below that level, Trump will probably really want to taco it. But can this situation really be tacoed back?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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