$C98 plunged 8.905% in an hour,
1-hour volume was 2.28x, a high-volume selloff.
OI increased 6.76% instead of falling; shorts are still piling in.
The funding rate is still positive at 0.0001,
so the longs aren't completely dead—beware of a late-night follow-up hit.
Trying to catch the bottom on a coin like this is catching a falling knife. Forget it.
I'm bearish with the trend, not chasing lows,
stop-loss for the short is at 0.019348; if it breaks, admit I'm wrong and get out.
Keep an eye on 0.01716 below,
if it really breaks, then we'll talk about the next target.
Pick a side: will 0.01716 break today? See you in the comments.
#合约爆仓 #行情分析 #山寨季
Personal market notes only; this is not investment advice. Manage your position size.
1-hour volume was 2.28x, a high-volume selloff.
OI increased 6.76% instead of falling; shorts are still piling in.
The funding rate is still positive at 0.0001,
so the longs aren't completely dead—beware of a late-night follow-up hit.
Trying to catch the bottom on a coin like this is catching a falling knife. Forget it.
I'm bearish with the trend, not chasing lows,
stop-loss for the short is at 0.019348; if it breaks, admit I'm wrong and get out.
Keep an eye on 0.01716 below,
if it really breaks, then we'll talk about the next target.
Pick a side: will 0.01716 break today? See you in the comments.
#合约爆仓 #行情分析 #山寨季
Personal market notes only; this is not investment advice. Manage your position size.
