$T Contract 24-hour stats:
① Open interest value: $5.96 million
② Change in open interest: +84.22%
③ Price change: -32.23%
④ Divergence: Open interest rising, price falling
Taken together, it looks like new shorts are pushing the price down. The more crowded the short positions become, the greater the risk of a short squeeze.
#T
① Open interest value: $5.96 million
② Change in open interest: +84.22%
③ Price change: -32.23%
④ Divergence: Open interest rising, price falling
Taken together, it looks like new shorts are pushing the price down. The more crowded the short positions become, the greater the risk of a short squeeze.
#T