Itโs up 63%, yet there are actually more people shorting it.
Today, the lobster moved from 0.0253 all the way to 0.0453, nearly doubling.
In theory, in a่กๆ
like this, longs should be in controlโyet the data shows shorts account for 56%, while longs are only 44%.
Thatโs pretty interesting.
A large number of people are shorting at higher levels, betting on a pullback.
But the price has closed three consecutive hourly candlesticks in green, giving these shorts no breathing room.
This situation has a term: โshort squeeze trap.โ The more short positions pile up, the moment the price stops falling, the forced-liquidation pressure on those shorts can end up pushing the price higher and higher.
Of course, the funding rate is still relatively mild right now (+0.057%), suggesting leverage overall hasnโt gone fully out of control.
What really needs attention is: when shorts start to buckle, and whether that moment will trigger another round of acceleration.
Trading isnโt about guessing directionโitโs about seeing who breaks first.
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#็ฉบๅคด้ท้ฑ #56% shorts vs 63% rally
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