📉 Market maker activity｜I just opened Binance and saw SKYAI getting sold off all the way down. In the past 24 hours it’s down 21.272%. The overall market is up 0.518%. It’s off by 21.8 percentage points
📊 Open interest (4H) -17.0%
Price (24H) -19.9%
Current price 0.03231
24H range 0.03206-0.04255
💡 Positions are being pulled back. I can’t tell whether people are actively closing out, or whether they got swept out by liquidations
What are the ones still holding betting on? In the same batch of tracking, US and NOM are also moving
🎯 The current price is hugging the 24H low: 0.03206
Historically, this kind of pattern has gone in both directions
Did open interest first stop falling, or did the price break below 0.03206 first
⚠️ Personal viewpoint only—does not constitute any investment advice
$SKYAI $US $NOM
📊 Open interest (4H) -17.0%
Price (24H) -19.9%
Current price 0.03231
24H range 0.03206-0.04255
💡 Positions are being pulled back. I can’t tell whether people are actively closing out, or whether they got swept out by liquidations
What are the ones still holding betting on? In the same batch of tracking, US and NOM are also moving
🎯 The current price is hugging the 24H low: 0.03206
Historically, this kind of pattern has gone in both directions
Did open interest first stop falling, or did the price break below 0.03206 first
⚠️ Personal viewpoint only—does not constitute any investment advice
$SKYAI $US $NOM