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$US Is accelerating, but it’s not a safe haven.
30 minutes ago, the top was still NIL,
now it has switched to US.
The price is up 46.63%, close to the 24H high.
OI fell from $19.9M to $5.3M,
suggesting the leading position’s funding has rotated out.
US’s own 24H OI is +88.9%.
The funding rate moved from -0.0216% to 0.0195%,
with longs paying for 8 straight rounds.
The long-short ratio is 1.63, with 62% in longs.
If it drops back below 0.0068,
and OI doesn’t fall but instead rises,
then that’s a signal that the longs are trapped.
$US Is this a relay, or bait to lure the bulls?
Generated using the Claude Opus 4.7 model. Claude is AI and can make mistakes. Please double-check responses.