Is FIL still holding high and forcing it? The taker’s buy only stands at 43.2%; the active sell orders 1.496 million are pressing down on the buy orders of 1.136 million—buy orders are just a prop. On the contracts side, the open interest shrank 3.6% over the past 7 hours; the longs are admitting defeat and running away. The funding rate has been pushed to 0.01%, but nobody’s taking it. The current price is 1.086—go straight into a short; first target 1.043, second target 1.008, with stop-loss at 1.13 locked in. Only shorting can make money!
