$AIN Summary:
OI: 249 million, down from 256 million yesterday, a decrease of about 7 million
According to Binance smart money data, long positions are about 165 million, down from 169 million yesterday. Short positions are 19 million, unchanged from yesterday.
Liquidation levels:
Shorts' pain point is around 0.3 (wiped out by a few wicks), while longs' pain point is at 0.24, where there is a large cluster of liquidation levels.
Entry prices:
Longs: The market makers got in at 0.06 or even lower. Some long positions came in and pushed the price up to 0.084, compared with 0.08 yesterday.
Shorts: Raised to 0.162, up from 0.13 yesterday. Retail traders have probably come in and opened more short positions.
Overall trend:
The funding rate is still positive, currently fluctuating between 0.25 and 0.29. The market makers have started throwing in random wicks, triggering liquidations in both directions.
The expected direction is mainly sideways, with wicks in both directions. My cost basis is relatively low, so I plan to hold. Today, watch for a pullback to around 0.24. #AIN
OI: 249 million, down from 256 million yesterday, a decrease of about 7 million
According to Binance smart money data, long positions are about 165 million, down from 169 million yesterday. Short positions are 19 million, unchanged from yesterday.
Liquidation levels:
Shorts' pain point is around 0.3 (wiped out by a few wicks), while longs' pain point is at 0.24, where there is a large cluster of liquidation levels.
Entry prices:
Longs: The market makers got in at 0.06 or even lower. Some long positions came in and pushed the price up to 0.084, compared with 0.08 yesterday.
Shorts: Raised to 0.162, up from 0.13 yesterday. Retail traders have probably come in and opened more short positions.
Overall trend:
The funding rate is still positive, currently fluctuating between 0.25 and 0.29. The market makers have started throwing in random wicks, triggering liquidations in both directions.
The expected direction is mainly sideways, with wicks in both directions. My cost basis is relatively low, so I plan to hold. Today, watch for a pullback to around 0.24. #AIN
