57% of people are shorting this coin that has already surged 48%.
$HEMI touched a high of 0.01394 today. It exploded from the low of 0.00847, nearly up by half.
But in the long/short data, shorts make up 57.4% while longs are only 42.6%—
which means that on the market, more than half of the contract positions are still betting that it will keep falling.
This setup is quite rare. After such a big spike, instead of shorts backing off, there are even more of them.
Usually that means one of two things: either smart money is setting up shorts at the high level waiting for a pullback,
or these shorts were forced out—following the drop didn’t work out, price then surged up, and they flipped to open shorts.
Looking at the 8-hour candles, the overall structure still leans bullish. The last candle is a red one that closed at 0.01274.
It’s somewhat away from the highest point, but there’s no volume spike sell-off break.
Trading volume is 277 million, and the funding rate is only 0.005%, indicating that the cost paid by longs is extremely low.
If the shorts can’t hold on, they’ll be forced to close and buy back—turning into fuel for the rise.
In this situation, the pressure on the shorts is much greater than that on the longs.
Of course, since it has already risen so much, chasing in also carries significant risk—
position sizing and stop-loss are even more important than direction.
$HEMI #空头被夹 #48%暴涨
Click the small card below to quickly check the market👇
$HEMI touched a high of 0.01394 today. It exploded from the low of 0.00847, nearly up by half.
But in the long/short data, shorts make up 57.4% while longs are only 42.6%—
which means that on the market, more than half of the contract positions are still betting that it will keep falling.
This setup is quite rare. After such a big spike, instead of shorts backing off, there are even more of them.
Usually that means one of two things: either smart money is setting up shorts at the high level waiting for a pullback,
or these shorts were forced out—following the drop didn’t work out, price then surged up, and they flipped to open shorts.
Looking at the 8-hour candles, the overall structure still leans bullish. The last candle is a red one that closed at 0.01274.
It’s somewhat away from the highest point, but there’s no volume spike sell-off break.
Trading volume is 277 million, and the funding rate is only 0.005%, indicating that the cost paid by longs is extremely low.
If the shorts can’t hold on, they’ll be forced to close and buy back—turning into fuel for the rise.
In this situation, the pressure on the shorts is much greater than that on the longs.
Of course, since it has already risen so much, chasing in also carries significant risk—
position sizing and stop-loss are even more important than direction.
$HEMI #空头被夹 #48%暴涨
Click the small card below to quickly check the market👇
