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Cardano (ADA) Set for Potential Surge Amid High Short Interest and Negative Funding Rates Coinotag 25 jul. 2024

Cardano (ADA) Set for Potential Surge Amid High Short Interest and Negative Funding Rates 📈

Altcoin investors should be vigilant as cryptocurrencies like Cardano (ADA), Chiliz (CHZ), and Fantom (FTM) are experiencing high short interest and negative funding rates. This scenario is seen as a potential indicator for a price surge. When exchange funding rates dip below zero, it often suggests over-leveraged short positions, which could lead to a short squeeze and subsequent price increase.

Fuente: en.coinotag.com ↗

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