Since the OI positions started building up, the funds have experienced a significant decline. I want to confirm whether this downward trend is mainly driven by the bears, or if the spot premium (due to long positions chasing higher prices) has pushed up the price—especially considering that the basis for the front-month spot is about to weaken after the NY close. I would greatly appreciate it if someone could help confirm this.
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ChainSherlockGirl
· 01-15 01:26
According to my analysis, this wave seems to be the bears telling a story, but the key is to investigate those large wallet addresses; the true destination of the funds is the clue to cracking the case.
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BlockchainTherapist
· 01-14 01:08
The short sellers are really ruthless this time; spot premium can't save the situation either.
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BridgeJumper
· 01-14 01:07
The decline in funds is really heartbreaking, but to be fair, after opening positions on OI, it still dropped this much. How can the bears be so fierce?
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BlockchainArchaeologist
· 01-14 01:07
Spot premium is already so high, yet funds are still flowing out? This logic doesn't quite hold up.
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MEV_Whisperer
· 01-14 01:07
The decline in funds is so obvious, it feels like the bears are really taking action. We need to keep a close eye on the basis.
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AirdropBlackHole
· 01-14 00:59
Capital declining? Isn't this just the bullish traders being shaken out?
Since the OI positions started building up, the funds have experienced a significant decline. I want to confirm whether this downward trend is mainly driven by the bears, or if the spot premium (due to long positions chasing higher prices) has pushed up the price—especially considering that the basis for the front-month spot is about to weaken after the NY close. I would greatly appreciate it if someone could help confirm this.