Funding is turbo-negative with a beautiful -0.05 on Binance, -0.06 on Bybit etc.
We are a few weeks of the usual quarter BNB Burn.
I'm taking the bet that the spot price will slowly grind up driving perp and this will lead to a short squeeze of those guys shorting.
Of course I can be wrong so.
Longed X3 255$.
Stop at 249$ Target between 290$ and 310$.
----------------------------------------------------------------------------------------------------
Goal : 2 000 000$ from 2 000$
Wallet last update : 2605$
Wallet today : 2800$
----------------------------------------------------------------------------------------------------
We are a few weeks of the usual quarter BNB Burn.
I'm taking the bet that the spot price will slowly grind up driving perp and this will lead to a short squeeze of those guys shorting.
Of course I can be wrong so.
Longed X3 255$.
Stop at 249$ Target between 290$ and 310$.
----------------------------------------------------------------------------------------------------
Goal : 2 000 000$ from 2 000$
Wallet last update : 2605$
Wallet today : 2800$
----------------------------------------------------------------------------------------------------
Trade closed: stop reached:
Got stopped pretty fast. Won't trade BNB again before it get near ATH.