Contract longs make up as much as 68%, yet the funding rate remains pinned at the bottom—dead at 0.00225%.
On paper, it looks like retail traders are stubbornly holding on, but total open contract positions are actually shrinking by 1.5%—there’s simply no incremental buying coming in. What looks like “more longs” is just surface-level fat.
Market feedback is even colder: after a sharp drop from $124.95 to $115.14, the rebound stalls right around $116.05. It can’t even pull off a decent retracement.
Weak consolidation after a sudden selloff has never been stabilization—it’s simply a continuation of a selloff where buying power has dried up. A whole load of unprepared longs are trapped on top; the slightest breeze is enough to trigger a stampede.
#IMF称代币化市场仍小且碎片化 #SOL $SOL
#MET $MET
#IMF称代币化市场仍小且碎片化
👇
On paper, it looks like retail traders are stubbornly holding on, but total open contract positions are actually shrinking by 1.5%—there’s simply no incremental buying coming in. What looks like “more longs” is just surface-level fat.
Market feedback is even colder: after a sharp drop from $124.95 to $115.14, the rebound stalls right around $116.05. It can’t even pull off a decent retracement.
Weak consolidation after a sudden selloff has never been stabilization—it’s simply a continuation of a selloff where buying power has dried up. A whole load of unprepared longs are trapped on top; the slightest breeze is enough to trigger a stampede.
#IMF称代币化市场仍小且碎片化 #SOL $SOL
#MET $MET
#IMF称代币化市场仍小且碎片化
👇