Q: What does it mean when open interest increases 48.89% over $BERA 24 hours while the price falls 20.51%?
A: New short positions may be driving the decline, or longs may be buying the dip. The bears seem to have the upper hand for now, but the more crowded the positions become, the more intense a short squeeze could be.
#BERA
A: New short positions may be driving the decline, or longs may be buying the dip. The bears seem to have the upper hand for now, but the more crowded the positions become, the more intense a short squeeze could be.
#BERA