$ORCL rose to 166.3, up 3.324% in 24 hours. The funding rate remains positive at 0.00036344, with longs continuing to pay shorts. Open contracts are 85,774, and the price and funding rate are moving upward in tandem, meaning accumulated positions costs are building. This kind of structure is prone to triggering a top liquidation. I’ll try shorting in the 166–168 range, with a stop-loss at 170. The counter-evidence is that OI hasn’t broken 90,000; in the short term, sentiment could quickly rotate. If the price breaks above 170 or the funding rate turns negative, then the thesis is invalid.

Trading tag: #TradFi #链上美股 #ORCL

Where do you think this setup is most likely to be wrong?