ROSE single-day plunge of 5.54%, with bearish sentiment completely taking over the market.
Binance spot trading volume surged 5x; sell orders poured in in a concentrated manner, with heavy churn of positions.
On both Binance and Bybit, perpetual futures have consistently maintained negative funding rates for the long term, with many traders clustering to go short.
Across the whole market, the appetite to actively short is extremely strong—rising sell volume combined with the sell-off creates ample downside momentum. Short directly in the short term $ROSE
Binance spot trading volume surged 5x; sell orders poured in in a concentrated manner, with heavy churn of positions.
On both Binance and Bybit, perpetual futures have consistently maintained negative funding rates for the long term, with many traders clustering to go short.
Across the whole market, the appetite to actively short is extremely strong—rising sell volume combined with the sell-off creates ample downside momentum. Short directly in the short term $ROSE