🚨 Futures Alert: a few charts woke up
Not much I trust in this market, but the positioning data doesn't lie. Here's what jumped out:
ERA: funding at -0.223%.
Price +4.5% on the day, top traders' long/short at 1.14.
ZEC: 963K liquidated in 1h (mostly shorts).
Price -8.8% on the day, top traders' long/short at 1.47.
SOL: 901K liquidated in 1h (mostly shorts).
Price +3.1% on the day, top traders' long/short at 2.31.
Not touching the leverage button on these for now. Boring, but I like boring.
#Futures #CryptoTrading $ERA $ZEC $SOL
Not much I trust in this market, but the positioning data doesn't lie. Here's what jumped out:
ERA: funding at -0.223%.
Price +4.5% on the day, top traders' long/short at 1.14.
ZEC: 963K liquidated in 1h (mostly shorts).
Price -8.8% on the day, top traders' long/short at 1.47.
SOL: 901K liquidated in 1h (mostly shorts).
Price +3.1% on the day, top traders' long/short at 2.31.
Not touching the leverage button on these for now. Boring, but I like boring.
#Futures #CryptoTrading $ERA $ZEC $SOL