$BB: The most dangerous possibility may not be continuing to fall, but that the shorts waiting to enter are trapped.
The price dropped from 0.0116 to 0.0095, a decline of 18.2%.
It looks very weak.
But I noticed one detail:
The large-holders’ long/short positioning ratio is 2.07.
Leaning toward longs.
Usually, when the price drops like this, large holders would have already reduced their long positions.
But they haven’t.
The funding rate is 0.001%, close to neutral, so the cost difference between both sides is not large.
Now ask yourself this question:
If the large holders are right, at what level would the retail short sellers be forced to close their positions?
That level is the real place worth paying attention to.
I’m only watching 0.0089.
Hold it first—then consider it if it breaks.
Don’t make predictions; wait for the market to give signals.
Click the small card below to quickly view the market👇
The price dropped from 0.0116 to 0.0095, a decline of 18.2%.
It looks very weak.
But I noticed one detail:
The large-holders’ long/short positioning ratio is 2.07.
Leaning toward longs.
Usually, when the price drops like this, large holders would have already reduced their long positions.
But they haven’t.
The funding rate is 0.001%, close to neutral, so the cost difference between both sides is not large.
Now ask yourself this question:
If the large holders are right, at what level would the retail short sellers be forced to close their positions?
That level is the real place worth paying attention to.
I’m only watching 0.0089.
Hold it first—then consider it if it breaks.
Don’t make predictions; wait for the market to give signals.
Click the small card below to quickly view the market👇