$BERA 24-hour futures open interest +48.89%, price -20.51%—open interest is rising while price is falling.
First, a note on the methodology: open interest here is measured in coin units, excluding the impact of price fluctuations on position value. So changes reflect actual opening or closing of positions.
New positions are being opened as the price falls. This is likely new short positions actively driving the decline, though it’s also possible that some longs are adding to their positions as the price drops. In the short term, watch out for continued pressure from shorts; but if short positions become too crowded, a short squeeze could happen quickly.
Which side are you on? Let us know in the comments.
#BERA
Data is from public sources; please verify it yourself.
First, a note on the methodology: open interest here is measured in coin units, excluding the impact of price fluctuations on position value. So changes reflect actual opening or closing of positions.
New positions are being opened as the price falls. This is likely new short positions actively driving the decline, though it’s also possible that some longs are adding to their positions as the price drops. In the short term, watch out for continued pressure from shorts; but if short positions become too crowded, a short squeeze could happen quickly.
Which side are you on? Let us know in the comments.
#BERA
Data is from public sources; please verify it yourself.
