🐳 Top 5 biggest decliners in 1 hour:
1） $BR -4.04%
2） $ATOM -2.38%
3） $GMT -2.31%
4） PIXEL -2.11%
5） Lobster -2.01%
$BR is leading the decline (-4.04%). This kind of price action is often accompanied by a cascade of stop-outs on futures longs. Watch the funding rate and open interest to see whether positions are being cleared out. A genuine rebound is more likely after the shakeout.
#BR
This is just an opinion and may not be right. Trade at your own risk.
1） $BR -4.04%
2） $ATOM -2.38%
3） $GMT -2.31%
4） PIXEL -2.11%
5） Lobster -2.01%
$BR is leading the decline (-4.04%). This kind of price action is often accompanied by a cascade of stop-outs on futures longs. Watch the funding rate and open interest to see whether positions are being cleared out. A genuine rebound is more likely after the shakeout.
#BR
This is just an opinion and may not be right. Trade at your own risk.