34.6% price increase, yet most people are short.
Today, the lobster showed a rare structure: the price was pulled from a low of 0.025 all the way up to 0.037—up more than 30%. The candlesticks stayed strong for over 8 hours. However, in the futures market, short positions account for 54.6%, while longs are only 45.4%.
So what does this mean? A large number of traders are betting it will fall, yet it keeps rising. This kind of “counter-trend rally” often forces shorts into liquidation—what’s commonly called a short squeeze—which in turn pushes the price even higher.
Next, look at the funding rate: 0.057%. It’s positive, though not extreme, indicating longs are paying shorts, and overall sentiment hasn’t reached overheated levels.
Trading volume is also speaking: the middle candlestick’s turnover exceeded 200 million, at least ten times that of the earlier ones. This clearly suggests big money is involved—it wasn’t just retail traders pushing it up on their own.
Now the key question is: will the shorts keep fighting hard, or will they cluster their stop-losses at a certain price level, triggering an even faster upswing? That’s the core to watch over the next few hours.
That said, after such a big move up, pullback risk is also real. The pressure on those who chase at the highs isn’t small. The highest point, 0.0377, has already been seen—whether it can hold above that level is crucial.
$Lobster #空头被套 # up 34%
Click the small card below to quickly check the market👇
Today, the lobster showed a rare structure: the price was pulled from a low of 0.025 all the way up to 0.037—up more than 30%. The candlesticks stayed strong for over 8 hours. However, in the futures market, short positions account for 54.6%, while longs are only 45.4%.
So what does this mean? A large number of traders are betting it will fall, yet it keeps rising. This kind of “counter-trend rally” often forces shorts into liquidation—what’s commonly called a short squeeze—which in turn pushes the price even higher.
Next, look at the funding rate: 0.057%. It’s positive, though not extreme, indicating longs are paying shorts, and overall sentiment hasn’t reached overheated levels.
Trading volume is also speaking: the middle candlestick’s turnover exceeded 200 million, at least ten times that of the earlier ones. This clearly suggests big money is involved—it wasn’t just retail traders pushing it up on their own.
Now the key question is: will the shorts keep fighting hard, or will they cluster their stop-losses at a certain price level, triggering an even faster upswing? That’s the core to watch over the next few hours.
That said, after such a big move up, pullback risk is also real. The pressure on those who chase at the highs isn’t small. The highest point, 0.0377, has already been seen—whether it can hold above that level is crucial.
$Lobster #空头被套 # up 34%
Click the small card below to quickly check the market👇
