【Futures Divergence Update】$LIT
Over the past 24 hours, the price rose 4.39%, while futures open interest fell by 13.65%.
Open interest is currently around $46.02 million. This rally is probably mostly driven by short covering, with no signs yet of new money stepping in. Who do you think will crack first—the bulls or the bears?
#LIT
Just my personal opinion—don’t take it too seriously.
Over the past 24 hours, the price rose 4.39%, while futures open interest fell by 13.65%.
Open interest is currently around $46.02 million. This rally is probably mostly driven by short covering, with no signs yet of new money stepping in. Who do you think will crack first—the bulls or the bears?
#LIT
Just my personal opinion—don’t take it too seriously.