$IRYS This isn't a rise, it looks like someone is grabbing chips. 24 hours +42.44%, the price is staying near 0.055 at a high level. Trading volume is $32.2M, open interest surged 89.3% in one day, with new positions all pouring in. Even more strange, the bulls have paid for 8 consecutive periods, and the fee rate has risen to +0.0503%. The retail long-short ratio is 0.85 leaning bearish, but the big players' long ratio is 1.39. Is this order book forcing a short squeeze, or is it a high-level trap to lure buyers? Do you dare to chase, or wait for a shakeout?

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