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PROVE this wave seems to have caught the shorts off guard
24 hours surged 50%, with a trading volume of 317 million,
Open interest skyrocketed by 758% in one day,
New positions rushed in like an elevator.
Even more intense is the fee rate at -0.383%,
Shorts are still paying to hold their positions,
Spot remains at a discount of 1.16%.
RSI at 76 is already scorching,
But the order book looks like a short squeeze isn't over yet.
Do you think the shorts can still hold on?
$PROVE
Generated using Claude Opus 4.7 model.
Claude is AI and
can make mistakes.
Please double-check
responses.