$AKE Nearly doubled in three hours, while fewer traders were going long 😮
Around noon (UTC+8), it was still near 0.0026. By 3 p.m., it had peaked at 0.00495.
The strange thing is that the percentage of Binance futures accounts positioned long fell from 68% at 10 a.m. to 57%—the higher it rose, the more traders took the short side.
Do you think the shorts are waiting for a pullback, or are they going to get squeezed?
Not investment advice
Around noon (UTC+8), it was still near 0.0026. By 3 p.m., it had peaked at 0.00495.
The strange thing is that the percentage of Binance futures accounts positioned long fell from 68% at 10 a.m. to 57%—the higher it rose, the more traders took the short side.
Do you think the shorts are waiting for a pullback, or are they going to get squeezed?
Not investment advice