$SNXX The ongoing fund/continuation plan has taken action this time. Position changes and market order direction need to be aligned with price.
On the 15m timeframe: price +0.19%, open interest +7.10%. It still looks more like “adding to long/short at the same time”: contract trades and open interest are amplifying together, and price remains under pressure. Whether the shorts are in control depends on whether market sell orders can continue to drive further displacement.
Aggressive buys account for 59.6%, and the buy side is more urgent. The ratio of long vs. short participants is 0.84—sentiment leans one way, but it’s not yet extreme.
As long as aggressive buying stays consistently above the neutral zone, pushing upward won’t be just an expansion of open interest—it would indicate real upward pressure.
On the 15m timeframe: price +0.19%, open interest +7.10%. It still looks more like “adding to long/short at the same time”: contract trades and open interest are amplifying together, and price remains under pressure. Whether the shorts are in control depends on whether market sell orders can continue to drive further displacement.
Aggressive buys account for 59.6%, and the buy side is more urgent. The ratio of long vs. short participants is 0.84—sentiment leans one way, but it’s not yet extreme.
As long as aggressive buying stays consistently above the neutral zone, pushing upward won’t be just an expansion of open interest—it would indicate real upward pressure.