spot cvd selling constantly (pink line) while perps cd going up (orange line). correspondingly, open interest and funding rate (yellow line) also going up.
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limit short sell at 94.1k on $btc hit last night.
this move up has been entirely perps driven.
spot cvd selling constantly (pink line) while perps cd going up (orange line). correspondingly, open interest and funding rate (yellow line) also going up.
what could go wrong for longs here?