$LSK Update

LSK is showing serious weakness after the news driven spike

Price crashed toward $0.48607 with aggressive taker selling dominating the order flow

Open Interest dropped from 43.5M to 41.7M as leverage got flushed

Funding is deeply negative at -0.2331% while Basis sits at -0.012

Top Trader Account ratio climbed from 1.49 to 1.74 showing dip buying

But the Position ratio remains bearish at 0.93

This is an interesting divergenceRetail accounts are buying the dip while larger positions remain short biased

The key question is whether sellers can continue pushing price lower or whether crowded shorts become fuel for a squeeze

Watch OI and taker volume closelyA fresh OI increase with aggressive buying could change the structureUntil then LSK remains highly volatile

Patience over FOMO

#LSK