NVDA/USDT:USDT
🤖AI Insight
bitgetabout 2 months agoBearish
85%
NVDA is showing a bearish divergence between price and funding. The asset has dropped over 5% in 24h, reaching an oversold RSI of 27.5, yet the funding rate remains heavily positive at 0.1893% (and climbing according to triggers). This suggests longs are stubbornly holding and paying shorts, despite the trend. This often results in a secondary liquidation flush to clear out over-leveraged long positions before any recovery.
Detailed Analysis
What I see:
Price -5.24% with RSI at 27.5 and high positive funding 0.1893%.
What it means:
Longs are trapped and paying a high premium to maintain losing positions.
What I expect:
Further downward flush to liquidate remaining stubborn longs.
Invalidation condition:
Funding drops to historical average or price breaks above $190.
Exchangebitget
StatusExpired
Timeframe
Expected Move±7%
Detected Price$NVDA 187.22
Timeabout 2 months ago
Verify Atabout 2 months ago