🔹 Virtuals Protocol ($VIRTUAL ) has just announced the deployment of a custom encrypted index model on the Robinhood Chain, allowing users to freely combine multiple digital assets into a single index token. Any participant can issue a composite asset and earn protocol fees when other users mint this index. This is the project’s latest move on its journey to build a co-ownership layer for AI agents—an ecosystem that has already recorded more than $77 million in agent transaction volume with over 2,100 AI agents successfully launched.

🔸 At the time of the report, the VIRTUAL token is trading around the 0.61 USD mark, marking a strong rebound from the short-term bottom of 0.52–0.53 USD. The RSI indicator has risen above the neutral 50 level, reflecting that buying pressure is gradually returning without entering an overbought state. At the same time, the MACD indicator has also shifted to a positive state, further reinforcing the token’s near-term recovery outlook, even though the price line is still below the peak set in May.

🔹 Contrary to the spot market’s optimism, futures traders appear rather cautious. The total open interest (OI) across the entire market is only around 33.8 million USD, indicating that derivatives investors are not yet truly ready to reopen long positions aggressively. Notably, the average funding rate (Funding Rate) is still hovering at a negative level of about -0.0126%, reflecting that Short positions completely dominate and are willing to pay fees to maintain their orders. This deep divergence creates the opportunity for a strong Short liquidation trap if spot inflows continue to push the price of VIRTUAL higher.

Given the clear divergence between spot capital pushing the rebound price up to 0.61 USD and the hard-nosed defense by the short-selling side in the derivatives market, would you choose to accumulate VIRTUAL to get ahead of a potential short squeeze, or stand aside and wait for derivatives positions to stabilize again?

News and information are for reference only and are not investment advice. Please read carefully before making any decisions.