MU is down 2.5%, yet more than 80% of traders are long. This isn’t a dip-buying signal—it looks more like longs crowding in while the price keeps falling.
Binance’s long/short ratio is 4.07, with about 80.29% of accounts positioned long; OKX’s ratio is 4.84, with 82.88% of accounts positioned long. Both platforms show the same trend: far more traders are chasing longs.
Funding rates are also favoring the bears: Binance is currently at +0.0161% and OKX at +0.0200%, meaning longs are paying shorts. MU is trading around $914, down 2.5% over 24 hours. With prices weakening and funding payments continuing, there’s less room for positions to absorb losses.
Do you think MU will rebound first, or will we see a wave of long liquidations first?
View in real time: https://www.coinboss.com/funding-rate