$APR shares 0.38, this is where the real long-vs-short battle🔥
APR has already surged to the vicinity of the previous high. 0.38 is the hard resistance for the short term. It itself is the underlying target of the DeFi line. After having been dormant for so long, it suddenly came alive with a surge in volume. And now it’s continuously printing a strong trend. That means the capital isn’t just trading one coin anymore—it’s grabbing the track and the sentiment premium. In other words, the whole sector is rising, and this coin is riding the upside of the sector.
Right now, long positions are clearly in control, and the funding rate is already starting to heat up. Simply put: the longs are doing very well, and the shorts are also starting to not dare to push hard. The most crucial thing now is 0.38.
If volume eats through 0.38, I’ll continue to look for new highs. 0.40 is just a psychological level; afterward it’s all about price discovering. If 0.38 keeps getting tested and fails to break through, then it’s normal to get a short-term shakeout. But as long as the trend structure isn’t smashed, I’ll still treat it as high-level rotation rather than a top.
For this kind of coin, the most comfortable phase is often that moment when it breaks the previous high. The shorts think it’s the top, while the longs are waiting for that single breakout candle K. Old Lin continues to stay bullish. Targeting 0.4. For this APR move, I’m not planning to get off the train yet.
#韩股KOSPI涨近5%启动买方侧车 #CoreWeave盘后涨14%
APR has already surged to the vicinity of the previous high. 0.38 is the hard resistance for the short term. It itself is the underlying target of the DeFi line. After having been dormant for so long, it suddenly came alive with a surge in volume. And now it’s continuously printing a strong trend. That means the capital isn’t just trading one coin anymore—it’s grabbing the track and the sentiment premium. In other words, the whole sector is rising, and this coin is riding the upside of the sector.
Right now, long positions are clearly in control, and the funding rate is already starting to heat up. Simply put: the longs are doing very well, and the shorts are also starting to not dare to push hard. The most crucial thing now is 0.38.
If volume eats through 0.38, I’ll continue to look for new highs. 0.40 is just a psychological level; afterward it’s all about price discovering. If 0.38 keeps getting tested and fails to break through, then it’s normal to get a short-term shakeout. But as long as the trend structure isn’t smashed, I’ll still treat it as high-level rotation rather than a top.
For this kind of coin, the most comfortable phase is often that moment when it breaks the previous high. The shorts think it’s the top, while the longs are waiting for that single breakout candle K. Old Lin continues to stay bullish. Targeting 0.4. For this APR move, I’m not planning to get off the train yet.
#韩股KOSPI涨近5%启动买方侧车 #CoreWeave盘后涨14%