$INIT
This rally is up about +20%, and shorts are paying.
The main price is around 0.211, with a high of about 0.258 and trading volume of roughly 205 million U. The funding rate is around −0.037% (shorts pay longs), open interest is up about 37%, and roughly 52% of accounts are short. Price is rising and positions are building—shorts are still paying the longs’ salaries.
Bias: cautiously follow the uptrend with a small position; exit if support breaks.
Invalidation: If the price falls below 0.172 and fails to recover, consider this rally over for now.
Will shorts get squeezed again—yes or no?
Reminder: This analysis is for reference only and does not constitute investment advice!
#INIT #Binance Oracle
This rally is up about +20%, and shorts are paying.
The main price is around 0.211, with a high of about 0.258 and trading volume of roughly 205 million U. The funding rate is around −0.037% (shorts pay longs), open interest is up about 37%, and roughly 52% of accounts are short. Price is rising and positions are building—shorts are still paying the longs’ salaries.
Bias: cautiously follow the uptrend with a small position; exit if support breaks.
Invalidation: If the price falls below 0.172 and fails to recover, consider this rally over for now.
Will shorts get squeezed again—yes or no?
Reminder: This analysis is for reference only and does not constitute investment advice!
#INIT #Binance Oracle
