CRYPTO MECHANIC
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30% price GAP between $HYPER SPOT pair and Futures pair
The GAP is because people are heavily shorted on HYPER and some how they are still short. Price moving up to forcefully liquidate most of the shorts.
Why there is a price GAP? it is because there is not enough buying pressure on futures pair people are just shorting it while the SPOT pair is buy only.
So Hyper is currently dealing with two market sentiments on both pairs.
in my experience now people will start buying Hyper on futures pair thinking there is a big price GAP and futures will go up. And its unlikely to happen. The GAP will be filled in few hours or in a day.
Once people will start chasing futures pair the market makers will start selling their spot bags. This is how the GAP will be filled.
You can call it market manipulation or whatever but i have experienced this before.
The much better option right now is not to touch this pair unless you are sure what you are doing.
The GAP is because people are heavily shorted on HYPER and some how they are still short. Price moving up to forcefully liquidate most of the shorts.
Why there is a price GAP? it is because there is not enough buying pressure on futures pair people are just shorting it while the SPOT pair is buy only.
So Hyper is currently dealing with two market sentiments on both pairs.
in my experience now people will start buying Hyper on futures pair thinking there is a big price GAP and futures will go up. And its unlikely to happen. The GAP will be filled in few hours or in a day.
Once people will start chasing futures pair the market makers will start selling their spot bags. This is how the GAP will be filled.
You can call it market manipulation or whatever but i have experienced this before.
The much better option right now is not to touch this pair unless you are sure what you are doing.
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