$COHR intra-day down 7.76%, closed at 291.83. The funding rate is still zero; the open interest remains around 14298 with no significant reduction, and shorts have not taken the opportunity to add aggressively.
A price pullback with no incremental short-side demand on the contract side usually isn’t a sign of a trend collapse. It’s more like capital being settled after emotion-driven selling. With funding rates flat and shorts unwilling to chase, the market isn’t treating this drop as a new trend to bet on. Bulls are simply waiting for confirmation signals, not executing a large-scale capitulation.
At the micro level, this sets up a potential rebound window with low funding.
Trading tag: #TradFi #链上美股 #COHR
Everyone says COHR is going up/down—whose side are you on?
A price pullback with no incremental short-side demand on the contract side usually isn’t a sign of a trend collapse. It’s more like capital being settled after emotion-driven selling. With funding rates flat and shorts unwilling to chase, the market isn’t treating this drop as a new trend to bet on. Bulls are simply waiting for confirmation signals, not executing a large-scale capitulation.
At the micro level, this sets up a potential rebound window with low funding.
Trading tag: #TradFi #链上美股 #COHR
Everyone says COHR is going up/down—whose side are you on?