$CAP 5-minute plunge of 5.43%, current price 0.08826, 24h range 0.07223 ~ 0.09988.
Wait for the candle to close before making a judgment; don't take intraday wicks seriously.
After the drop, if the funding rate turns negative and becomes increasingly extreme, it means shorts are getting more crowded, so beware of a short squeeze.
#CAP
NFA, DYOR.
Wait for the candle to close before making a judgment; don't take intraday wicks seriously.
After the drop, if the funding rate turns negative and becomes increasingly extreme, it means shorts are getting more crowded, so beware of a short squeeze.
#CAP
NFA, DYOR.