$GTC Short squeeze alert!
Shorts are overcrowded—beware of getting blown out by a violent surge! Guys, this GTC move is getting interesting! The KRW/USDT listing on Upbit is just the spark; the real powder keg is the futures market! The data doesn't lie:
Open interest has surged by nearly 70%, but the long/short ratio is only 0.71! What does that mean? It means the vast majority of traders are short! Add in negative funding rates, and all it takes is a slight push upward from the big players for these shorts to line up and hit their stop-losses, potentially triggering a chain reaction of liquidations and a short squeeze!
Trading idea: As long as the daily chart holds above this key 0.276–0.290 level, it's an excellent opportunity to take a position!
If buying pressure kicks in or short stops are triggered, the price could go straight to test the previous high at 0.393! Don't let a short-term pullback scare you off—this is a good chance to get in. Hold support and wait for liftoff!
The feed is delayed. If you want to follow Lao Qi's ideas and moves, come join Lao Qi's chatroom, and I'll help you earn your first pot of gold!
#Sui基金会向DATANetwork投资3000万美元 $RSR
#Ledger确认用户设备遭植入未授权硬件 $LUMIA
Shorts are overcrowded—beware of getting blown out by a violent surge! Guys, this GTC move is getting interesting! The KRW/USDT listing on Upbit is just the spark; the real powder keg is the futures market! The data doesn't lie:
Open interest has surged by nearly 70%, but the long/short ratio is only 0.71! What does that mean? It means the vast majority of traders are short! Add in negative funding rates, and all it takes is a slight push upward from the big players for these shorts to line up and hit their stop-losses, potentially triggering a chain reaction of liquidations and a short squeeze!
Trading idea: As long as the daily chart holds above this key 0.276–0.290 level, it's an excellent opportunity to take a position!
If buying pressure kicks in or short stops are triggered, the price could go straight to test the previous high at 0.393! Don't let a short-term pullback scare you off—this is a good chance to get in. Hold support and wait for liftoff!
The feed is delayed. If you want to follow Lao Qi's ideas and moves, come join Lao Qi's chatroom, and I'll help you earn your first pot of gold!
#Sui基金会向DATANetwork投资3000万美元 $RSR
#Ledger确认用户设备遭植入未授权硬件 $LUMIA