Santiment: Ethereum contract traders prefer to "chase the rise and kill the fall", and their position direction repeatedly switches with price fluctuations

According to BlockBeats, on June 14th, Santiment, a cryptocurrency market analysis firm, posted on social media that since the Bitcoin price hit bottom and rebounded yesterday, most traders have continued to go long and have made small gains. Ethereum traders, on the other hand, exhibit a trend of "chasing the rise and killing the fall" - their position direction constantly switches back and forth with the latest price fluctuations. It should be noted that when the trading platform's funding rate swings from one extreme to another, it often accompanies large-scale position liquidation. The best entry time usually occurs when the market is generally bearish, while the best exit point exists during the overly bullish phase. Suggest monitoring the one-way fluctuation trend of BTC and ETH fund rates to capture key trading opportunities.