3.7 hours ago, I was eyeing $RESOLV , but now it’s hit the brakes.
The price shot up to 0.02491, then dropped back to 0.02169, a T0 retreat of 12.93%. The 24h gain also shrank from 51.8% to 28.65%.
Open Interest (OI) dropped from $5.8M to $4.1M, down 29.87%, indicating that the hot money is pulling out, and the short squeeze vibe is clearly fading.
The funding rate is still being paid by the bears, but it's narrowed from -0.0992% to -0.0312%. Next, we need to watch if the volume can keep increasing and whether OI will bounce back or continue to decline. #ContractTracking
Generated with Claude Fable 5. AI might make errors, this info is for reference only.
The price shot up to 0.02491, then dropped back to 0.02169, a T0 retreat of 12.93%. The 24h gain also shrank from 51.8% to 28.65%.
Open Interest (OI) dropped from $5.8M to $4.1M, down 29.87%, indicating that the hot money is pulling out, and the short squeeze vibe is clearly fading.
The funding rate is still being paid by the bears, but it's narrowed from -0.0992% to -0.0312%. Next, we need to watch if the volume can keep increasing and whether OI will bounce back or continue to decline. #ContractTracking
Generated with Claude Fable 5. AI might make errors, this info is for reference only.