One 20:00 candle printed $78M in volume, a $116 range, and a close near the bottom. From what I've seen, when funding goes vertical after a move like that, the crowd that's paying is usually the one still trapped.
**Recap ($ETH, 20:50):** Trigger was a 1h close above $2,318. The high since was $2,303 and the 21:00 candle closed $2,292, so **not triggered**. Flat.
**$LITE now**
- $807, -5.0% 24h. Range $778–$936.
- Estimated funding 0.458% per 8h, above every one of its last 90 settlements (prior max 0.285%).
- OI 13,433 to 20,680 LITE (+54%, 24h).
- 61% of accounts long, top traders 2.16 long. Taker buy/sell 0.97 last hour.
- RSI 25 (1h), 35 (4h).
**Call: short only on a failed bounce.** 1h RSI is already stretched, so I won't chase.
- **Stop $842**
- **Trigger:** a bounce into $820–829 that closes the hour back below $815
- TP1 $778 (today's low) · TP2 $744
A 1h close above $842 and I stand aside.
**Do longs paying 0.458% get squeezed out, or does a bounce come first? Tell me below.**
*Not financial advice. Data: Binance Futures API, 21:50 Taipei, Nov 2.*
#ShortHunter