Contract $AKE is showing a combination of rising open interest and falling price (24h: OI +19.08% / price -31.34%). Next, keep an eye on these points:
1. Whether open interest continues to rise
2. Whether the funding rate becomes one-sided
3. Whether concentrated covering occurs during a rebound
Total positions on the exchange are $12.18 million. I’ll post an update when one of these changes.
#AKE
1. Whether open interest continues to rise
2. Whether the funding rate becomes one-sided
3. Whether concentrated covering occurs during a rebound
Total positions on the exchange are $12.18 million. I’ll post an update when one of these changes.
#AKE
