🐋 For those tracking money flows, $FIL : with this 4-hour MACD death cross (above the zero line), you can look at two things for comparison:
· Open interest: If it rises alongside the death cross, someone may be opening new short positions; if it falls, the decline is more likely driven by longs closing their positions.
· Funding rate: A rapid drop suggests short positions are getting crowded, so watch out for a reversal.
What do you think comes next?
#FIL
Just documenting and sharing—not investment advice.
· Open interest: If it rises alongside the death cross, someone may be opening new short positions; if it falls, the decline is more likely driven by longs closing their positions.
· Funding rate: A rapid drop suggests short positions are getting crowded, so watch out for a reversal.
What do you think comes next?
#FIL
Just documenting and sharing—not investment advice.