A truth that’s not much to laugh about: $Lobster’s 24-hour contract open interest is down 17.89%, while its price is up 7.62%—a textbook case of falling open interest and rising prices.
It looks like the bears are retreating one by one, and as the rope slips toward the bulls, the price starts climbing. At first glance, the bulls seem strong, but really, the other side has stopped pulling—exactly how I won at arm wrestling last time.
Remember to take a sip of water after reading. The candlesticks aren’t going anywhere.

#龙虾

Big swings—manage your position carefully.