Objectively speaking, while reviewing the contract data just now, I noticed $KAVA : open interest is up 9.23% in 1 hour, currently at $6.55 million.
Yet the price is falling (-3.71%), which suggests new shorts are entering. At times like this, I pay extra attention to the possibility of a short squeeze when short positions become too crowded.
Which side are you on?
Yet the price is falling (-3.71%), which suggests new shorts are entering. At times like this, I pay extra attention to the possibility of a short squeeze when short positions become too crowded.
Which side are you on?