$AKE contract is showing a pattern of declining open interest and rising prices (24h: OI -10.87% / price +267.58%). Here are a few things worth watching next:
1. Whether open interest continues to fall
2. Whether funding rates become one-sided
3. Whether new longs enter after the short covering ends
Total positions in the market stand at $42.34 million. I’ll follow up when one of these changes.
1. Whether open interest continues to fall
2. Whether funding rates become one-sided
3. Whether new longs enter after the short covering ends
Total positions in the market stand at $42.34 million. I’ll follow up when one of these changes.