Stared at STORJ for three days—this structure right here is the most interesting one today👇
Within these three days, this coin completed a full “long/short textbook” pattern:
Day 1: short squeeze +37%—the shorts got explosively equalized;
Day 2: shorts retaliate -19%—the longs got swept;
Day 3 (today): longs counterattack again—now +9.9%, and the price has returned to around $0.047.
But the strangest part is the funding rate—it’s currently -0.87%.
What does that mean? Shorts are still “subsidizing” longs every 8 hours, which suggests someone is still stubbornly holding onto shorts and refusing to admit defeat. In a structure like this, if the longs apply a bit more pressure, another short-squeeze signal is likely.
Of course, prolonged choppy consolidation at higher levels could also mean the longs are running out of steam, and no one can be sure which side will ultimately win. But at the very least, the negative funding rate by itself is worth keeping an eye on.
OI of 67.16 million doesn’t shrink—longs and shorts are stuck in a stalemate, and the game isn’t over yet.
No predictions—just recording the structure. Decide your own direction.
Click the card below to quickly check the market👇
#STORJ #Web3存储 #资金费率 #short-squeeze structure
Within these three days, this coin completed a full “long/short textbook” pattern:
Day 1: short squeeze +37%—the shorts got explosively equalized;
Day 2: shorts retaliate -19%—the longs got swept;
Day 3 (today): longs counterattack again—now +9.9%, and the price has returned to around $0.047.
But the strangest part is the funding rate—it’s currently -0.87%.
What does that mean? Shorts are still “subsidizing” longs every 8 hours, which suggests someone is still stubbornly holding onto shorts and refusing to admit defeat. In a structure like this, if the longs apply a bit more pressure, another short-squeeze signal is likely.
Of course, prolonged choppy consolidation at higher levels could also mean the longs are running out of steam, and no one can be sure which side will ultimately win. But at the very least, the negative funding rate by itself is worth keeping an eye on.
OI of 67.16 million doesn’t shrink—longs and shorts are stuck in a stalemate, and the game isn’t over yet.
No predictions—just recording the structure. Decide your own direction.
Click the card below to quickly check the market👇
#STORJ #Web3存储 #资金费率 #short-squeeze structure
