#美国非农就业数据未达市场预期 $RIVER's recent market performance has indeed been impressive, but why hasn't it dropped yet? Many long positions are still paying funding fees.
From a macro perspective, U.S. non-farm payroll data fell short of expectations, causing some market sentiment to loosen, but the crypto market seems to have already digested this piece of negative news. River can still hold up in this context, indicating some confidence. It's just that leveraged long positions are piling up, and the daily funding rates make life difficult.
Either a sharp decline to shake out the market or continued consolidation to buy more time—someone has to pay the funding fees. It all depends on how things develop next.
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#美国非农就业数据未达市场预期 $RIVER's recent market performance has indeed been impressive, but why hasn't it dropped yet? Many long positions are still paying funding fees.
From a macro perspective, U.S. non-farm payroll data fell short of expectations, causing some market sentiment to loosen, but the crypto market seems to have already digested this piece of negative news. River can still hold up in this context, indicating some confidence. It's just that leveraged long positions are piling up, and the daily funding rates make life difficult.
Either a sharp decline to shake out the market or continued consolidation to buy more time—someone has to pay the funding fees. It all depends on how things develop next.