$BTC is up over 20% in a week, but funding has already cooled off.
If the recent surge were driven mainly by fresh leveraged longs, funding would likely stay elevated instead of cooling down so quickly.
This is also supported by Coinbase Premium data. The index has
$BTC is up over 20% in a week, and the funding rate has already cooled off.
A leverage-built rally generally keeps funding high and pins it there.
This one spiked once on the breakout, then fell back to baseline fast.
That is a sign of real buying rather than crowded longs.
HSBC: Memory-led price hikes could drive FY28 earnings upside for $NVDA
HSBC expects Nvidia to be able to pass higher memory costs through via higher product pricing. The bank raised:
- FY28 Data Centre revenue estimate from $528.1B to $608.8B, ~12% above consensus
- FY28 EPS to
What we got right this week, and what we didn't
✅ Called $SNDK to pull back after its 40% run over the week
✅ Predicted $SKHY would surge on the buyback news, mirroring $SNDK's move after Investor Day
❌ Stayed bullish on Unitree until we realised physical AI might just
SK Hynix’s reported KRW 40 trillion ($28.6 billion) share buyback could be one of the biggest catalysts for the stock over the next year.
The buyback would cover roughly 3.3% of total shares outstanding.
Memory names like $MU$SNDK$STX have already reversed earlier pre-market
