$SMCI past 24 hours fell 5.66% to 38.85, but the funding rate is zero—longs and shorts have temporarily stopped paying interest to each other. With price moving down and the funding rate at zero, this usually points to a critical game phase before the market makes a short-term directional choice. The shorts have not clearly suppressed, and the longs have not conceded and exited. The position size of 46902.82 together with 4.28 million in trading volume suggests liquidity is still there, but there is no consensus on direction. Watch the price around 38: if it continues to see increased volume but stalls without further decline, a short-term rebound may be brewing; if it directly breaks below 35, shorts may take back control.

Trading tag: #TradFi #链上美股 #SMCI

Where do you think this set of judgments is most likely to be wrong?