This week's 2nd round! Go Long Bid

Current Price: 0.0586

Suggested Stop Loss Price (Mark Price): 0.0566

Opening Basis: Strong Whale Pump

BTC Trend: Extremely Narrow Fluctuation

Contract open interest surged to nearly 24 million USD, while the market cap is only about 16 million USD. Based on the open interest amount, the large traders' long-short ratio is almost evenly split. However, the number of large traders and retail traders going short reached 63% and 70%, respectively, indicating that both large and small retail traders are shorting, while the whales are going long. From the daily perspective, the day before yesterday and yesterday saw significant increases, with gains of 52% and 29%, respectively, and the upward momentum has not yet ended.