$MAGMA short-term sudden surge, with the 24-hour gain reaching 34.6%; at the same time, open contracts rose by 10.7%, and the long-versus-short game is intensifying.
Judging from fund flows, the current accumulation of too many long positions has already attracted a large number of short sellers to enter opportunistically. Profit-taking sell-offs by longs and reverse speculative orders are both flooding in. Next, it is likely that downward pressure on price will increase.
Traders need to be alert to the risk of a pullback after a short-term spike, control position size, and do a good job of risk management.
#加密货币 #资金流向 #DeFi
Judging from fund flows, the current accumulation of too many long positions has already attracted a large number of short sellers to enter opportunistically. Profit-taking sell-offs by longs and reverse speculative orders are both flooding in. Next, it is likely that downward pressure on price will increase.
Traders need to be alert to the risk of a pullback after a short-term spike, control position size, and do a good job of risk management.
#加密货币 #资金流向 #DeFi