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$SPACE Top spot changes hands, the upward momentum slows down
The increase from 68.28% to 22.11%
Indicates that the heat is not relay
But capital rotation and switching
Open Interest from $12.5M to $3.3M
Indicates leverage strength is downgraded
Fee rate paid by longs is 0.005%
If it breaks below the 0.0077 midline
And OI continues to shrink, and buying pressure does not return
This wave may turn into distribution
Can we still chase, $SPACE?