$XNY: The harder it drops, the more afraid I am to short.
Price fell from 0.0091 to 0.0075, down 12.6%.
It looks very weak.
But I noticed one detail:
The large-holder long/short position ratio is 1.43.
Leaning toward the long side.
Normally, after a drop like this, big players would have already reduced their long positions.
But they haven’t.
Funding rate is 0.005%, close to neutral—there isn’t much difference in cost between both sides.
Now ask yourself this question:
If the big holders are right, where will the retail shorts be forced to close?
That level is the real point worth paying attention to.
I’m only watching 0.0073.
Hold it and then we’ll talk. If it breaks, I’ll take another look.
Don’t predict—wait for the market to give a signal.
Will you wait for that signal?
Click the small card below to quickly check the行情👇
Price fell from 0.0091 to 0.0075, down 12.6%.
It looks very weak.
But I noticed one detail:
The large-holder long/short position ratio is 1.43.
Leaning toward the long side.
Normally, after a drop like this, big players would have already reduced their long positions.
But they haven’t.
Funding rate is 0.005%, close to neutral—there isn’t much difference in cost between both sides.
Now ask yourself this question:
If the big holders are right, where will the retail shorts be forced to close?
That level is the real point worth paying attention to.
I’m only watching 0.0073.
Hold it and then we’ll talk. If it breaks, I’ll take another look.
Don’t predict—wait for the market to give a signal.
Will you wait for that signal?
Click the small card below to quickly check the行情👇