What draws the most attention from MSTR today is this: in a single stretch of 24-hour positions, the open interest was piled up by 15% at once. The price touched 128.72, then pulled back to 125. It looks like it can’t rise further—yet when you open the account, you see that among all global accounts, only 24% are on the long side, while 76% are short. Even the funding rate has been pushed into negative.
New money is going long, but people are standing on the short side.
The real danger is over these 7 hours: open interest shrank by 5.34%, but the active buy orders still make up 57.7%, and the buy volume continues to expand by 13%. When the position is reduced, it’s done through active buying—this isn’t longs “escaping.” It’s shorts covering. Would people who are “fleeing” on the long side hit the buy button with such intensity?
Even the whales have taken sides: by number of accounts, over 70% are short; by position value, 53% is still pressing down on longs. A swarm of small shorts paired with one deep-cover whale long in the back—this 15% of fresh positioning isn’t here to make up the numbers. The price hasn’t broken down; what can’t hold first is the shorts.
On my end, I’m purely long: shorts are crowded, fresh money is providing support, and the covering has already started. My target is to reclaim 128.7. If it breaks below the 24h low of 118.67, it means the money that entered this time has lined up on the wrong side—I’ll flip short immediately. Until then, don’t stand with the 76% of shorts. #mstr $MSTR
New money is going long, but people are standing on the short side.
The real danger is over these 7 hours: open interest shrank by 5.34%, but the active buy orders still make up 57.7%, and the buy volume continues to expand by 13%. When the position is reduced, it’s done through active buying—this isn’t longs “escaping.” It’s shorts covering. Would people who are “fleeing” on the long side hit the buy button with such intensity?
Even the whales have taken sides: by number of accounts, over 70% are short; by position value, 53% is still pressing down on longs. A swarm of small shorts paired with one deep-cover whale long in the back—this 15% of fresh positioning isn’t here to make up the numbers. The price hasn’t broken down; what can’t hold first is the shorts.
On my end, I’m purely long: shorts are crowded, fresh money is providing support, and the covering has already started. My target is to reclaim 128.7. If it breaks below the 24h low of 118.67, it means the money that entered this time has lined up on the wrong side—I’ll flip short immediately. Until then, don’t stand with the 76% of shorts. #mstr $MSTR
