Damn… 🚨
You think this -15% red candle was panic selling smashing it down? Look again at the trading volume—$19.26 million. Compared to the size from the past few days, this isn’t retail traders fleeing. Someone is catching the knife.
$KIVER dropped from 1.706 to 1.378—enough to tell, but the volume didn’t spike. What does that mean? The sell side isn’t panicking; the buy side isn’t stepping in. In other words, the shares people wanted to exit already exited early—the rest are just playing dead, waiting for a rebound.
The funding rate is only 0.0050%. Longs and shorts aren’t really “tearing each other apart.” This kind of drop paired with an almost neutral funding rate suggests one thing: the shorts didn’t add to positions, and the longs didn’t capitulate either. The place is quiet, but it hasn’t collapsed.
This low at 1.378 wasn’t broken with volume, which means someone is defending it. So the question is—are they really holding the bid… or are they waiting to smash it from an even higher level?
$IVER
#RIVER
You think this -15% red candle was panic selling smashing it down? Look again at the trading volume—$19.26 million. Compared to the size from the past few days, this isn’t retail traders fleeing. Someone is catching the knife.
$KIVER dropped from 1.706 to 1.378—enough to tell, but the volume didn’t spike. What does that mean? The sell side isn’t panicking; the buy side isn’t stepping in. In other words, the shares people wanted to exit already exited early—the rest are just playing dead, waiting for a rebound.
The funding rate is only 0.0050%. Longs and shorts aren’t really “tearing each other apart.” This kind of drop paired with an almost neutral funding rate suggests one thing: the shorts didn’t add to positions, and the longs didn’t capitulate either. The place is quiet, but it hasn’t collapsed.
This low at 1.378 wasn’t broken with volume, which means someone is defending it. So the question is—are they really holding the bid… or are they waiting to smash it from an even higher level?
$IVER
#RIVER