📉 Market maker activity｜1000000BOB down 24.734% in 24 hours, yet the open interest increased by 8.5%. Someone is selling into the bid
📊 Open interest (4H) +8.5%
Price (24H) -24.734%
Current price 0.01202
24H range 0.01156-0.01816
💡 The current price is hugging the 24-hour low, and short positions are still squeezing in
This is the shorts adding exposure, not the dip-buying base picking it up
On the same day, the overall market is up 3.828%, and it lags by 28.6 percentage points
In the same batch of inspections, the positions of DOGE and BZ were withdrawn
🎯 The ones adding shorts and the ones holding the line are two different groups right now
Will 0.01156 break first, or will it bounce back to 0.01816 first?
⚠️ Personal views only; not investment advice
$1000000BOB $DOGE $BZ
📊 Open interest (4H) +8.5%
Price (24H) -24.734%
Current price 0.01202
24H range 0.01156-0.01816
💡 The current price is hugging the 24-hour low, and short positions are still squeezing in
This is the shorts adding exposure, not the dip-buying base picking it up
On the same day, the overall market is up 3.828%, and it lags by 28.6 percentage points
In the same batch of inspections, the positions of DOGE and BZ were withdrawn
🎯 The ones adding shorts and the ones holding the line are two different groups right now
Will 0.01156 break first, or will it bounce back to 0.01816 first?
⚠️ Personal views only; not investment advice
$1000000BOB $DOGE $BZ