$SKL — the more I look at this bearish candle, the more interesting it gets.
It dumped 6.8 points in one hour,
while volume was only 1.2x.
This is a slow bleed, not panic selling.
Funding is -0.53%, yet open interest is up 14.4%.
Shorts are still paying funding, so what are short sellers chasing?
There were $0 in liquidations in the past hour; the longs haven’t shed a drop of blood.
I’m not chasing this move—I’ll wait for a bounce before making a move.
If the rebound can’t reclaim 0.005549, I’ll enter a short.
First target below: 0.004767.
Risk level: 0.006026. If it gets above that, I’ll admit I’m wrong and get out.
Post your short entry price in the comments—let’s see who got hit the hardest.
#合约爆仓 #行情分析 #山寨季
Personal chart notes only; not investment advice. Pay attention to position sizing.
It dumped 6.8 points in one hour,
while volume was only 1.2x.
This is a slow bleed, not panic selling.
Funding is -0.53%, yet open interest is up 14.4%.
Shorts are still paying funding, so what are short sellers chasing?
There were $0 in liquidations in the past hour; the longs haven’t shed a drop of blood.
I’m not chasing this move—I’ll wait for a bounce before making a move.
If the rebound can’t reclaim 0.005549, I’ll enter a short.
First target below: 0.004767.
Risk level: 0.006026. If it gets above that, I’ll admit I’m wrong and get out.
Post your short entry price in the comments—let’s see who got hit the hardest.
#合约爆仓 #行情分析 #山寨季
Personal chart notes only; not investment advice. Pay attention to position sizing.