$CVC I’m not chasing this; I’ll wait for the volatility to tighten. The latest complete 1-hour perpetuals moved continuously from 0.02639 to 0.03584, up 35.81%. At the end of the period, the spot closed at 0.03704, a 3.35% premium versus the perpetual. Meanwhile, OI (open interest) over the last hour rose 105.5% and over the last 8 hours rose 160.7%. This isn’t a normal spot spike—leverage positions have also doubled in.
The 4-hour funding rate has already hit the -2.000% lower limit, and short-side fee pressure is maxed out. But longs across the board/top accounts are also up to 56.5%/56.0%; the top accounts’ actual long exposure is 51.6%, and in the last hour the buyer-initiated vs seller-initiated trades ratio is 0.95. The spot premium is squeezing shorts for fuel, and the surge in OI amplifies the drawdown risk. Now whether you chase longs or shorts, it feels like standing at the door waiting for people to trample.
I’ll only wait for a pullback to 0.0320–0.0340, with volume shrinking as support holds and OI cools off, then I’d lean long. Or if the 15-minute candle surges in volume and closes back above 0.0390, then a pullback that doesn’t break. If the 1-hour closes below 0.0300 and OI continues to increase, the structure fails—first, protect against a leverage liquidation stampede. #CVC #Civic #合约数据 #ShortSqueeze
The 4-hour funding rate has already hit the -2.000% lower limit, and short-side fee pressure is maxed out. But longs across the board/top accounts are also up to 56.5%/56.0%; the top accounts’ actual long exposure is 51.6%, and in the last hour the buyer-initiated vs seller-initiated trades ratio is 0.95. The spot premium is squeezing shorts for fuel, and the surge in OI amplifies the drawdown risk. Now whether you chase longs or shorts, it feels like standing at the door waiting for people to trample.
I’ll only wait for a pullback to 0.0320–0.0340, with volume shrinking as support holds and OI cools off, then I’d lean long. Or if the 15-minute candle surges in volume and closes back above 0.0390, then a pullback that doesn’t break. If the 1-hour closes below 0.0300 and OI continues to increase, the structure fails—first, protect against a leverage liquidation stampede. #CVC #Civic #合约数据 #ShortSqueeze
