No beating around the bush. When I was reviewing the contract data just now, I noticed that $SKL : the 1-hour positions are up +19.51%, currently at $2.72 million.
But the price is actually falling (-0.36%), which looks like new shorts are adding more. In this situation, I’ll pay even more attention to a potential short squeeze after too many shorts pile in.
Discuss in the comments—maybe we’ll come up with a new perspective.

#SKL

This article is for reference only and does not constitute investment advice.