$AXTI 24 hours dropped 3.65%, to 64.65. The funding rate is 0, with an open position size of 121136.76.
Although the price fell, the open position size did not drop sharply in tandem—this combination is relatively rare. Typically, a sudden plunge is accompanied by liquidations due to leverage clearance. But since the positions haven’t moved, it suggests either that selling pressure in the spot market is driving the decline, or that the longs are hard-holding but haven’t yet reached the liquidation threshold. With the funding rate at zero, the market hasn’t shown extreme one-sided sentiment from either side for the moment.
Based on a single signal—there’s no macro news or sector-linked data.
Trading tag: #TradFi #链上美股 #AXTI
Where do you think this set of judgments is most likely to be wrong?
Although the price fell, the open position size did not drop sharply in tandem—this combination is relatively rare. Typically, a sudden plunge is accompanied by liquidations due to leverage clearance. But since the positions haven’t moved, it suggests either that selling pressure in the spot market is driving the decline, or that the longs are hard-holding but haven’t yet reached the liquidation threshold. With the funding rate at zero, the market hasn’t shown extreme one-sided sentiment from either side for the moment.
Based on a single signal—there’s no macro news or sector-linked data.
Trading tag: #TradFi #链上美股 #AXTI
Where do you think this set of judgments is most likely to be wrong?