【Futures Divergence Alert】$Q
Over the past 24 hours, the price has risen 74.71%, while futures open interest has fallen 38.24%.
Open interest is currently around $35.06 million. The rally is likely driven mostly by short covering, with no signs of new longs stepping in yet. Which side do you think will get liquidated first?
Over the past 24 hours, the price has risen 74.71%, while futures open interest has fallen 38.24%.
Open interest is currently around $35.06 million. The rally is likely driven mostly by short covering, with no signs of new longs stepping in yet. Which side do you think will get liquidated first?