🐳 Top 5 contracts by 24-hour decline:
1) $Lobster -10.48%
2) $BR -9.36%
3) $AIN -7.94%
4) USELESS -7.81%
5) RAYSOL -6.88%
With $Lobster leading the decline (-10.48%), this kind of move is typically accompanied by cascading stop-outs among leveraged longs. Watch whether funding rates and open interest have been flushed out; a genuine rebound may only come after the shakeout.
#龙虾
For reference only. Trade at your own risk.
1) $Lobster -10.48%
2) $BR -9.36%
3) $AIN -7.94%
4) USELESS -7.81%
5) RAYSOL -6.88%
With $Lobster leading the decline (-10.48%), this kind of move is typically accompanied by cascading stop-outs among leveraged longs. Watch whether funding rates and open interest have been flushed out; a genuine rebound may only come after the shakeout.
#龙虾
For reference only. Trade at your own risk.