71% of people are short, and it ended up being pushed higher.
$CLAW is up 27% today, but in the derivatives market, shorts make up 71%โmeaning 7 out of 10 are betting it will fall.
Thereโs a specific term for this: short squeeze. When the price rises, short positions get forcibly closed. Those liquidations then push the price higher again, creating a chain reaction. The last three hourly candlesticks have closed green in a row, and the final candleโs volume is clearly largerโthatโs a snapshot of the whole process.
From the low of $0.0546 to the high of $0.0729, the intraday swing exceeded 33%. Open interest is 790 million, and the funding rate is positive but not high, which suggests the longs are not overheated yet, and the squeeze may not have fully played out.
Key thing to watch: when the short ratio is extremely lopsided, rebounds often go farther than people expectโbecause more and more shorts are forced to stop out and admit theyโre wrong. But this is a double-edged sword. Once the squeeze ends, any upside that lacks fundamental support can be given back just as quickly.
So what matters now isnโt โwhether to chase,โ but how many shorts are still left uncleansed.
$CLAW
#็ฉบๅคดๆคๅ #71% short meets a 27% surge
Click the card below to quickly check the chart ๐