No beating around the bush: I was just looking through the futures data, and $BERA caught my eye—open interest rose 91.53% over 24 hours, while the price was up just 1.14%.
The price has barely moved, but positions are piling in. I’ve been burned before: the longer a market like this stays coiled, the bigger the next candle can be—and there’s no way to know the direction in advance. So these days, I usually keep my position light and let the market choose its direction.
How would you interpret this?
#BERA
The price has barely moved, but positions are piling in. I’ve been burned before: the longer a market like this stays coiled, the bigger the next candle can be—and there’s no way to know the direction in advance. So these days, I usually keep my position light and let the market choose its direction.
How would you interpret this?
#BERA
