🐳 Top 5 contracts by 24-hour losses:
$H -10.39%; $CT -6.44%; $AKE -4.40%; BILL -2.85%; PONS -2.84%
The steep decline in $H (-10.39%), the biggest loser, is often accompanied by a cascade of liquidations among leveraged long positions. Watch the funding rate and open interest to see whether positions are being flushed out. A genuine stabilization is more likely after the shakeout.
#H
These are just my views for discussion; trade at your own risk.
$H -10.39%; $CT -6.44%; $AKE -4.40%; BILL -2.85%; PONS -2.84%
The steep decline in $H (-10.39%), the biggest loser, is often accompanied by a cascade of liquidations among leveraged long positions. Watch the funding rate and open interest to see whether positions are being flushed out. A genuine stabilization is more likely after the shakeout.
#H
These are just my views for discussion; trade at your own risk.