Analysis · Nov 6, 2026 02:10 UTC

funding rates is rotating through basis compression

UNISWAP daily trend
UNISWAP daily trend

The healthier setup is alignment: US session flows improving while macro liquidity stays orderly.

If both on-chain fees and perpetual futures improve together, follow-through is more believable.

In that environment, patience is a position, not a slogan.

The edge is often just refusing to confuse volume with conviction.

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