Contracts that could surge significantly today
Bullish.
The contracts I’m watching are STX, COW, and LSK. Their prices all strengthened over the past 24 hours, while open interest rose by 23.3%, 154.9%, and 51.9%, respectively, suggesting positions are accumulating.
Next, watch whether price strength and open-interest growth continue to be confirmed, and whether taker buying and selling improve.
STX: Up 12.84% over the past 24 hours, with open interest up 23.3%. The funding rate is -0.1027%, with shorts paying for 2 consecutive periods.
Price and open interest are expanding together, alongside an upward Supertrend, creating a setup that could trigger a short squeeze.
The counterpoint is that the taker buy/sell ratio is only 0.66, with taker selling still dominant.
COW: Up 5.54% over the past 24 hours, with open interest surging 154.9%. The funding rate is -0.1793%, with shorts paying for 6 consecutive periods.
Price strength and a surge in open interest have appeared together, while the negative funding-rate structure remains in place.
The counterpoint is that the Supertrend is still bearish, so the current strength needs further confirmation from the technical trend.
LSK: Up 19.49% over the past 24 hours, with trading volume of approximately $430 million and open interest up 51.9%.
The funding rate is -0.12%, with shorts paying for 8 consecutive periods, and the Supertrend remains upward.
The counterpoint is that the premium rate is still -0.3432%; watch whether the discount narrows from here.
If price strength, open-interest growth, and improvement in taker buying and selling continue to hold, this trend could continue. If price weakens, open interest declines, or taker selling increases further, this outlook should be reassessed.
This content was created with assistance from Claude Fable 5 and is for informational purposes only. Please verify it independently.
Bullish.
The contracts I’m watching are STX, COW, and LSK. Their prices all strengthened over the past 24 hours, while open interest rose by 23.3%, 154.9%, and 51.9%, respectively, suggesting positions are accumulating.
Next, watch whether price strength and open-interest growth continue to be confirmed, and whether taker buying and selling improve.
STX: Up 12.84% over the past 24 hours, with open interest up 23.3%. The funding rate is -0.1027%, with shorts paying for 2 consecutive periods.
Price and open interest are expanding together, alongside an upward Supertrend, creating a setup that could trigger a short squeeze.
The counterpoint is that the taker buy/sell ratio is only 0.66, with taker selling still dominant.
COW: Up 5.54% over the past 24 hours, with open interest surging 154.9%. The funding rate is -0.1793%, with shorts paying for 6 consecutive periods.
Price strength and a surge in open interest have appeared together, while the negative funding-rate structure remains in place.
The counterpoint is that the Supertrend is still bearish, so the current strength needs further confirmation from the technical trend.
LSK: Up 19.49% over the past 24 hours, with trading volume of approximately $430 million and open interest up 51.9%.
The funding rate is -0.12%, with shorts paying for 8 consecutive periods, and the Supertrend remains upward.
The counterpoint is that the premium rate is still -0.3432%; watch whether the discount narrows from here.
If price strength, open-interest growth, and improvement in taker buying and selling continue to hold, this trend could continue. If price weakens, open interest declines, or taker selling increases further, this outlook should be reassessed.
This content was created with assistance from Claude Fable 5 and is for informational purposes only. Please verify it independently.
