$KORU ! The active positioning isn’t being played anymore— the long/short ratio has fallen below 1. The bulls have completely lost control in active buying and selling. At this level, no one is going to take your orders; bottom-picking is handing money directly to the shorts. The funding rate has just climbed back to the zero line, and positions are simultaneously shrinking— the buoyancy that held up the longs has also been drained. In the four-hour period, it has already dropped more than half of the day’s total decline. All moving averages are sitting overhead, like a ceiling with no cushioning when it hits.
