Top 5 decliners over 1 hour:
1) $JCT -8.53%
2) $CAP -4.97%
3) $IDOL -4.11%
4) AGT -3.59%
5) UAI -3.57%
A move like this in $JCT (-8.53%), the biggest loser, is usually accompanied by a wave of liquidations of long positions. Watch to see whether the funding rate and open interest fall. After the shakeout, a meaningful stabilization is more likely.
1) $JCT -8.53%
2) $CAP -4.97%
3) $IDOL -4.11%
4) AGT -3.59%
5) UAI -3.57%
A move like this in $JCT (-8.53%), the biggest loser, is usually accompanied by a wave of liquidations of long positions. Watch to see whether the funding rate and open interest fall. After the shakeout, a meaningful stabilization is more likely.
