$CKB is showing a combination of rising open interest and falling prices (24h: OI +18.89% / price -5.3%). Here are a few things worth watching:
1. Whether open interest continues to rise
2. Whether the funding rate becomes heavily skewed in one direction
3. Whether short covering occurs during a rebound
Total contract positions amount to $5.42 million. I’ll provide an update when one of these indicators changes.
#CKB
1. Whether open interest continues to rise
2. Whether the funding rate becomes heavily skewed in one direction
3. Whether short covering occurs during a rebound
Total contract positions amount to $5.42 million. I’ll provide an update when one of these indicators changes.
#CKB