$ERA is currently priced at 0.07076, up 9.86% in 24 hours. The value of open contract positions has risen 68.6% to $7.9M. New longs adding to their positions are driving this rally, while the funding rate is pinned at -0.1938%, leaving shorts to bear the costs and take a beating. Longs are building positions aggressively, but in the short term, the price may pull back to the support level at 0.0636 to shake out weak hands. Would you go long at the current price?

#ERA