Stackzz | Crypto Perps
@stackzz
Crypto perps: BTC, ETH, SOL + alts
Completed-candle setups, invalidations & risk
Trade the close, not the wick
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Sunday open looks friendly and OKX funding is still negative.
I still pull the funding print before I rename a Sunday open. Mark already grinded toward $85k through the quiet hours. Coinglass's same 24h window still has Bitcoin shorts clipped a little harder than the longs on that overnight move.
Negative rent just means nobody was paying up to stay long while the grind still taxed the other side into a thin Sunday book.
The bid looked clean. The rent never flipped with it.
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ChainCatcher timed that Coinglass window at 21:30 CST Saturday (~06:30 PT): network liquidations about $154M, with Bitcoin longs near $30.5M against shorts near $8.2M. OKX BTC-USDT-SWAP funding was near flat, slightly negative around 08:45 PT, while the mark sat near $84.1k.
When funding goes quiet on a weekend, do you wait for the rent to flip, or do you watch which side the liquidation tape keeps taxing.
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