$EPIC this coin's recent trend is indeed worth paying attention to. The price has risen significantly over the past two weeks, nearly doubling, but after staying at high levels for three days, there was a clear correction yesterday, with a single-day drop of 18%. Although there was a brief rebound today, it quickly turned downward again, and this repeated breaking of support levels is quite typical.
From a funding perspective, the current funding rate remains in negative territory. This signal is quite interesting — during this stage where the price has already been rising continuously and is consolidating at high levels, the funding rate still stays negative, indicating that the market hasn't seen obvious bottom-fishing long positions forming, and the participation of large funds seems not very active. This subdued bullish enthusiasm, combined with weak technical signals, gives us some reference.
Considering the price pattern and the funding rate performance, there is a high possibility of further downside in the short term. On the daily chart, the current rebound strength is limited, and multiple technical indicators point toward a downward trend. For traders looking to short, this might be a relatively good entry point.
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HappyToBeDumped
· 5h ago
Are the fees still negative? That's outrageous. If big players aren't even daring to buy the dip, what does that say... Looks like this wave still needs further exploration.
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BlockchainDecoder
· 6h ago
Are the fees still negative? That's ridiculous. It indicates that big players have no intention of bottom-fishing, and retail investors are just fooling around.
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BottomMisser
· 23h ago
Negative fees are still decreasing. I've seen this trick too many times. Major investors are all watching and waiting.
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MetaDreamer
· 01-09 09:56
After a 18% single-day decline, it continues to repeatedly break below support. I've seen this pattern too many times; the bearish signals are indeed obvious.
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RamenDeFiSurvivor
· 01-09 09:56
Are the fees still negative? Then big investors have no interest in bottom fishing. This bearish opportunity is indeed quite good.
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NeverVoteOnDAO
· 01-09 09:55
Negative fees combined with a break below support, indeed giving bears a chance.
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BridgeNomad
· 01-09 09:52
ngl, that negative funding rate while price keeps dumping? classic sign nobody's actually catching this knife—tried playing hero on a similar setup back when Poly Network got exploited, didn't end well. the liquidity fragmentation you're seeing here reminds me why i obsess over slippage tolerance now. definitely looking like downside scenario, but watch your exit vectors fr
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GweiWatcher
· 01-09 09:52
Are the fees still negative? That's the real bear market signal.
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MevShadowranger
· 01-09 09:44
The fee rate is still negative, which means no one is bottom-fishing; everyone is backing down.
$EPIC this coin's recent trend is indeed worth paying attention to. The price has risen significantly over the past two weeks, nearly doubling, but after staying at high levels for three days, there was a clear correction yesterday, with a single-day drop of 18%. Although there was a brief rebound today, it quickly turned downward again, and this repeated breaking of support levels is quite typical.
From a funding perspective, the current funding rate remains in negative territory. This signal is quite interesting — during this stage where the price has already been rising continuously and is consolidating at high levels, the funding rate still stays negative, indicating that the market hasn't seen obvious bottom-fishing long positions forming, and the participation of large funds seems not very active. This subdued bullish enthusiasm, combined with weak technical signals, gives us some reference.
Considering the price pattern and the funding rate performance, there is a high possibility of further downside in the short term. On the daily chart, the current rebound strength is limited, and multiple technical indicators point toward a downward trend. For traders looking to short, this might be a relatively good entry point.