🐋 For those keeping an eye on capital flows, the 4-hour MACD death cross above the zero line at $ZRO can be viewed alongside two things:
· Futures open interest: If open interest rises along with the death cross, new short positions may be opening; if it falls, the decline is more likely due to longs closing out.
· Funding rate: A sharp drop suggests shorts are piling in, so watch out for a move in the opposite direction.
Where do you see the line in the sand?
#ZRO
· Futures open interest: If open interest rises along with the death cross, new short positions may be opening; if it falls, the decline is more likely due to longs closing out.
· Funding rate: A sharp drop suggests shorts are piling in, so watch out for a move in the opposite direction.
Where do you see the line in the sand?
#ZRO