$1000RATS Down 14%, yet people are still adding to their positions. Getting interesting.
Price: $0.0157, 24H: -14.3%
OI: +10.2% in 5 minutes, +11.3% in 1 hour
Funding rate: +0.005%. Longs aren't crowded; positions total $4.6M.
Now the market is waiting for an answer: are these positions opening on the dip, or catching a falling knife?
• If buyers step in → shorts cover, and the rebound could be faster than anyone expects
• If buyers can't hold → OI added for nothing; price keeps searching for a bottom
Price: $0.0157, 24H: -14.3%
OI: +10.2% in 5 minutes, +11.3% in 1 hour
Funding rate: +0.005%. Longs aren't crowded; positions total $4.6M.
Now the market is waiting for an answer: are these positions opening on the dip, or catching a falling knife?
• If buyers step in → shorts cover, and the rebound could be faster than anyone expects
• If buyers can't hold → OI added for nothing; price keeps searching for a bottom