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【Bearish Losses -0.2998% Still Holding On! BIO Main Force Reveals Its Hand, Pullbacks Are Just Opportunities to Pick Up Money!】
$BIO The negative fee rate is as high as -0.2998%. Shorts give longs an annualized interest of 19% for free every 8 hours—missing out on a market like this would be a crime.
The core of the funding situation: funding rate -0.2998%. Shorts’ positions pay huge fixed interest every 8 hours; open interest is about $14 million and stays at a high level. The bid-ask ratio is -0.36%, slightly bearish, but with the negative fee rate stacked on price stabilization, once the longs launch a counterattack, it will trigger a short-squeeze liquidation panic.
Personal view: This combination of “extreme negative fee rate + price stabilizing on shrinking volume” is a typical bullish short-squeeze launch signal. The support below 0.029-0.032 is solid—pullbacks are a golden pit to buy.
Jinxin position-opening strategy: buy on pullback, never chase shorts
Aggressive camp: buy directly at the current price 0.033, add at 0.030.
Conservative camp: place limit orders at 0.029—0.030,
Targets: first 0.036-0.037, second 0.040-0.045. $BIO