Whales on $FLUID have already taken the short side, yet the price has climbed all the way from 2.10 to 2.77. I don’t think this short can hold.
Let’s lay out the picture. Longs still account for around 58%–60% of contract accounts, so retail traders are leaning bullish. Whales’ long positions dropped steadily from 49.5% at 14:00 to just 46.9% by 18:00, putting them net short. People and money are once again on opposite sides.
Open interest isn’t just a low-volume flash in the pan: notional open interest was about 2.94 million U at 7:00 this morning, rose to just over 4.10 million U by noon, and had reached 4.31 million U by 18:00—nearly a 50% increase in half a day. 24-hour volume has topped 53 million U, today’s high is 2.777, and the current price is hovering around 2.71. The token is still up 24% on the day.
The market was tested intraday, too. During the pullback from 14:00 to 15:00, the price dipped as low as 2.525, with over 2.4 million U in one-hour volume, but it didn’t break down. By 17:00, the price had climbed back above 2.67. The funding rate peaked at 0.08% during the day, then fell back to 0.005% at 16:00. The market has cooled off a little, but positions haven’t unwound.
My stance is clear: I’m still bullish. 2.525 was the afternoon pullback low, so that’s the level to defend. I’ll exit if a 4-hour candle closes below it. Above, I’m watching the 2.777 high first—if the price holds above it, all those whale shorts will be fuel for the rally.
Are you following the whales and going short, or are you still on the long side like me? Share your entry price and your reasons.
#FLUID #合约数据 #多空分歧 #DeFi
Let’s lay out the picture. Longs still account for around 58%–60% of contract accounts, so retail traders are leaning bullish. Whales’ long positions dropped steadily from 49.5% at 14:00 to just 46.9% by 18:00, putting them net short. People and money are once again on opposite sides.
Open interest isn’t just a low-volume flash in the pan: notional open interest was about 2.94 million U at 7:00 this morning, rose to just over 4.10 million U by noon, and had reached 4.31 million U by 18:00—nearly a 50% increase in half a day. 24-hour volume has topped 53 million U, today’s high is 2.777, and the current price is hovering around 2.71. The token is still up 24% on the day.
The market was tested intraday, too. During the pullback from 14:00 to 15:00, the price dipped as low as 2.525, with over 2.4 million U in one-hour volume, but it didn’t break down. By 17:00, the price had climbed back above 2.67. The funding rate peaked at 0.08% during the day, then fell back to 0.005% at 16:00. The market has cooled off a little, but positions haven’t unwound.
My stance is clear: I’m still bullish. 2.525 was the afternoon pullback low, so that’s the level to defend. I’ll exit if a 4-hour candle closes below it. Above, I’m watching the 2.777 high first—if the price holds above it, all those whale shorts will be fuel for the rally.
Are you following the whales and going short, or are you still on the long side like me? Share your entry price and your reasons.
#FLUID #合约数据 #多空分歧 #DeFi
