$BR 24-hour increase +61%, surged from 0.30 to 0.559, currently pulled back and consolidating around 0.509.
Open interest (OI) saw a clear drop after the rally, followed by a slow rebound—indicating that some short-term funds have taken profits, while new funds are also moving in to add positions at the same time.
For large accounts, the long/short ratio has remained relatively bearish during this period: short-side accounts make up a higher share, yet they still have not been able to push the price down. A strong rally + short positions increasing against the trend—this divergence is worth paying attention to.
Hold the 0.44–0.45 (EMA25) area; the structure is still intact. If it breaks down, short-term momentum will weaken significantly.
Open interest (OI) saw a clear drop after the rally, followed by a slow rebound—indicating that some short-term funds have taken profits, while new funds are also moving in to add positions at the same time.
For large accounts, the long/short ratio has remained relatively bearish during this period: short-side accounts make up a higher share, yet they still have not been able to push the price down. A strong rally + short positions increasing against the trend—this divergence is worth paying attention to.
Hold the 0.44–0.45 (EMA25) area; the structure is still intact. If it breaks down, short-term momentum will weaken significantly.
