$BAS This bullish candle surged 30% in 24 hours, hitting a high of 0.0507 with trading volume exploding to 23 million. Who told you we're still in a bear market? The question now isn't whether it can still rise, but whether you have any chips in hand.



First, look at the Fear and Greed Index: Currently at 19 across the market, which falls into the "Extreme Fear" zone. Last year, during the real bottom at the end of October, this index dropped to 6, and then BAS tripled from the bottom. Now at 19, there's still some distance from the historical extreme, but the funding rate has already shown clear anomalies—the current funding rate for BAS perpetual contracts is -0.005%, meaning a bunch of people are shorting, and shorts are paying longs.

How history plays out: Extreme fear + negative funding rate—this combination has occurred 5 times in the past two years, with 4 of those times corresponding to local turning points, and the average gain within 7 days of entry was 22%. This is now the third time this signal is appearing.

Trading instruction: Enter directly around the current price of 0.0506. Set stop-loss at 0.0455; if broken, it means sentiment hasn't bottomed yet, but the probability is low. First target 0.058, second target 0.065. Position size should not exceed 20% at this level—because if panic persists, there might be another dip. But if the funding rate turns positive, add to position immediately.

If you see people below still shouting for a decline, don't believe it. When shorts are paying fees, it's often the last drop. Sentiment turning point = best entry. Whether you believe it now or not, come back and check this post once it rises to 0.06.

I've learned lessons by licking blood off the blade. Sentiment indicators don't lie; what lies are excessive fear and greed.
BAS30.12%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-12f69f5b
· 1h ago
Jump in 🚀
View OriginalReply0
GateUser-12f69f5b
· 1h ago
Super
View OriginalReply0