OKZOO—this name really does lend itself to misunderstanding. In the discussion, they’re actually talking about $AIOT . Judging purely from the market information, it’s indeed a bit confusing.
From on-chain data, recently leveraged longs have continued to pour in. The funding rate has stayed elevated, and the long/short ratio is skewed toward the long side. Combined with the setting of staged take-profit targets, the probability that the short-term price gets pushed up by buy orders is not low.
But one thing to remind you: the attention brought by this “name mix-up” usually comes quickly and fades just as fast. Once the real chips rotation is over, and if there isn’t a new story to follow, volatility could turn around and amplify at any time.
Short-term trading is something you can participate in—just don’t relax position sizing control. #AIOT
From on-chain data, recently leveraged longs have continued to pour in. The funding rate has stayed elevated, and the long/short ratio is skewed toward the long side. Combined with the setting of staged take-profit targets, the probability that the short-term price gets pushed up by buy orders is not low.
But one thing to remind you: the attention brought by this “name mix-up” usually comes quickly and fades just as fast. Once the real chips rotation is over, and if there isn’t a new story to follow, volatility could turn around and amplify at any time.
Short-term trading is something you can participate in—just don’t relax position sizing control. #AIOT