$ALAB rose 1.655% over the past 24 hours to $311.35. The funding rate remains at zero, and open interest at 2,373.02 is basically unchanged.
The market is stuck in a deadlock between long and short positions. A funding rate of zero indicates no one is willing to pay the cost for holding positions, and the lack of an increase in OI suggests no new capital has come in. Trading volume of $565,000 is also mediocre—there’s not enough momentum.
If there’s a breakout with volume above 320, I’ll chase longs; if it drops below 300, I’ll cut out and exit. For now, I’m only holding a 1% position and placing orders around 310 to test the waters.
Trading tag: #TradFi #链上美股 #ALAB
Where do you think this set of judgment is most likely to be wrong?
The market is stuck in a deadlock between long and short positions. A funding rate of zero indicates no one is willing to pay the cost for holding positions, and the lack of an increase in OI suggests no new capital has come in. Trading volume of $565,000 is also mediocre—there’s not enough momentum.
If there’s a breakout with volume above 320, I’ll chase longs; if it drops below 300, I’ll cut out and exit. For now, I’m only holding a 1% position and placing orders around 310 to test the waters.
Trading tag: #TradFi #链上美股 #ALAB
Where do you think this set of judgment is most likely to be wrong?