What stands out on $2Z isn't the +18.6% OI print, it's the combination: shorts adding aggressively while price grinds higher and funding sits at -0.468%. That's a book positioned against the move. Volume at 7.7x average suggests this isn't a lone actor. Structure-wise, 0.0798 is the first level that matters, 0.0826 the stretch. Invalidation 0.0713. Small $4.25M market, so resolution could be quick and messy.
Peter -CTShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.