Q: What does a 94.01% increase in open interest and a -61.49% price change over $KAVA 24 hours mean?
A: During a downtrend, new short positions may be adding to their bets, or longs may be buying the dip. Bears seem more active for now, but the more crowded the positions get, the more intense a short squeeze could be.
Do your own research before placing a trade.
A: During a downtrend, new short positions may be adding to their bets, or longs may be buying the dip. Bears seem more active for now, but the more crowded the positions get, the more intense a short squeeze could be.
Do your own research before placing a trade.