$TER current price 337.64, 24-hour drop 9.241%. Price is trending downward, but the funding rate is 0, and long/short interest payments are zero.
This looks more like a slow drift caused by sell-pressure in the spot market, rather than a liquidation squeeze between longs and shorts in perpetual contracts. Open interest (OI) is only 1744.55—very low—suggesting that during the decline, there weren’t many new shorts opening to chase it, nor did longs strongly hold on and add aggressively. A typical picture of low activity and low consensus.
With this kind of order book, there’s no “fuel” for either up or down moves. Any rebound might rely on shorts closing positions, but since OI is too small, the amount that can be closed is also limited.
Trading tag: #TradFi #链上美股 #TER
Where do you think this assessment is most likely wrong?
This looks more like a slow drift caused by sell-pressure in the spot market, rather than a liquidation squeeze between longs and shorts in perpetual contracts. Open interest (OI) is only 1744.55—very low—suggesting that during the decline, there weren’t many new shorts opening to chase it, nor did longs strongly hold on and add aggressively. A typical picture of low activity and low consensus.
With this kind of order book, there’s no “fuel” for either up or down moves. Any rebound might rely on shorts closing positions, but since OI is too small, the amount that can be closed is also limited.
Trading tag: #TradFi #链上美股 #TER
Where do you think this assessment is most likely wrong?