🐳 Top 5 contracts by 24-hour decline:
1. $ZEREBRO -25.91%
2. $CT -14.20%
3. $ICNT -12.23%
4. APR -12.05%
5. US -10.86%
The sharpest drop is $ZEREBRO (-25.91%). This kind of movement is often accompanied by a cascade of stop-losses on contract longs. Watch whether the funding rate and open interest decline; after the shakeout, a decent rebound becomes more likely.
#ZEREBRO
1. $ZEREBRO -25.91%
2. $CT -14.20%
3. $ICNT -12.23%
4. APR -12.05%
5. US -10.86%
The sharpest drop is $ZEREBRO (-25.91%). This kind of movement is often accompanied by a cascade of stop-losses on contract longs. Watch whether the funding rate and open interest decline; after the shakeout, a decent rebound becomes more likely.
#ZEREBRO