$SOXL SOXL surged 17% in two hours, forcing batches of shorts out of their positions.
Between 22:00 and 24:00 Beijing time, the SOXL USDT-margined perpetual contract shot straight up from 47.66 to 56.54. It is now around 55.5, up 21% in 24 hours, with approximately 4.09 billion U in trading volume—ranked third on Binance’s USDT-margined volume list, behind only BTC and ETH.
The key point: the number of contracts fell from 8.04 million to 7.21 million (about -10%). Price rose as open interest fell—this is a classic short squeeze, not a major influx of new longs.
The long/short account ratio fell from 4.02 to 3.15, while the share of short accounts rose from 20% to 24%. The higher it went, the more people tried to short the top. The funding rate is +0.015%, which isn’t extreme.
Last night at 21:00, I set a target of 48.3–50. It was blown through within an hour, and most people who chased shorts around 50 were stopped out.
Next 12–48h (inference, not a guarantee): Holding 53–53.3 (the high-volume breakout zone at 22:00) → retest, then another attempt at 56.5–58; below 53 → short-covering fuel runs out, with a pullback to 51.6–50. Invalidated if price breaks below 50 on high volume and OI continues to fall.
A perpetual contract on a 3x leveraged ETF means triple the volatility. Keep your position alive first.
#合约 #币安 #美股 #SOXL
Between 22:00 and 24:00 Beijing time, the SOXL USDT-margined perpetual contract shot straight up from 47.66 to 56.54. It is now around 55.5, up 21% in 24 hours, with approximately 4.09 billion U in trading volume—ranked third on Binance’s USDT-margined volume list, behind only BTC and ETH.
The key point: the number of contracts fell from 8.04 million to 7.21 million (about -10%). Price rose as open interest fell—this is a classic short squeeze, not a major influx of new longs.
The long/short account ratio fell from 4.02 to 3.15, while the share of short accounts rose from 20% to 24%. The higher it went, the more people tried to short the top. The funding rate is +0.015%, which isn’t extreme.
Last night at 21:00, I set a target of 48.3–50. It was blown through within an hour, and most people who chased shorts around 50 were stopped out.
Next 12–48h (inference, not a guarantee): Holding 53–53.3 (the high-volume breakout zone at 22:00) → retest, then another attempt at 56.5–58; below 53 → short-covering fuel runs out, with a pullback to 51.6–50. Invalidated if price breaks below 50 on high volume and OI continues to fall.
A perpetual contract on a 3x leveraged ETF means triple the volatility. Keep your position alive first.
#合约 #币安 #美股 #SOXL