Objectively speaking, while reviewing the contract data today, I noticed $ZK : open interest is up 8.01% over the past hour and now stands at $11.29 million.
But the price is falling (-1.1%), which looks like new short positions are being added. At times like this, I pay extra attention to potential rebounds after the market becomes too heavily short.
Let’s keep an eye on what happens next.
#ZK
Don’t treat this as a basis for making trades.
But the price is falling (-1.1%), which looks like new short positions are being added. At times like this, I pay extra attention to potential rebounds after the market becomes too heavily short.
Let’s keep an eye on what happens next.
#ZK
Don’t treat this as a basis for making trades.