$SHAZ rose 6.693% over the past 24 hours, and the funding rate has dropped to zero. The market has entered a wait-and-see phase. The fact that long and short payments are currently zero suggests that forces are temporarily balanced—this kind of balance is often broken by data. Whether the price rises or falls will depend on changes in open interest. The current figure of 8,041 contracts is a key observation point.
The strongest counterargument is that shorts face no costs and can suppress the market; they may take advantage of a broad-market pullback to make a move. A second-order effect is that both longs and shorts are waiting for a signal. Once the direction becomes clear, capital will quickly follow.
If open interest shows no noticeable increase or decrease, the price may remain in a narrow range of consolidation. I choose to stay on the sidelines and only consider entering once open interest breaks above ten thousand contracts.
Trading tag: #TradFi #链上美股 #SHAZ
Where do you think this assessment is most likely to be wrong?
The strongest counterargument is that shorts face no costs and can suppress the market; they may take advantage of a broad-market pullback to make a move. A second-order effect is that both longs and shorts are waiting for a signal. Once the direction becomes clear, capital will quickly follow.
If open interest shows no noticeable increase or decrease, the price may remain in a narrow range of consolidation. I choose to stay on the sidelines and only consider entering once open interest breaks above ten thousand contracts.
Trading tag: #TradFi #链上美股 #SHAZ
Where do you think this assessment is most likely to be wrong?