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EDEN's this bullish candle is a bit fierce
It surged 31% in 24 hours,
Trading volume hit 181M to fill the order book.
Open interest increased by 12.8% in one day,
And in one hour, it surged another 17.6%,
New positions are still being added.
Funding rate is -0.085%,
Bears are paying to hold,
The contract is still trading at a 0.76% discount,
Yet the price is close to the 24-hour high.
Is this the middle of a short squeeze,
Or the final blow?
$EDEN
Generated using Claude Opus 4.7 model. Claude is AI and can make mistakes. Please double-check responses.