Q: $龙虾’s 24-hour open interest is up 18.71%, while the price is down 38.25%. What does that mean?
A: During this decline, some newly opened short positions may be adding to their bets, while some longs may be buying the dip. Bears seem to have the upper hand for now, but the more crowded the positioning gets, the sharper the rebound could be.
#龙虾
A: During this decline, some newly opened short positions may be adding to their bets, while some longs may be buying the dip. Bears seem to have the upper hand for now, but the more crowded the positioning gets, the sharper the rebound could be.
#龙虾