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#ESPORTS Through data analysis from Aice100, it can be seen that when $ESPORTS 's price is around $0.0309, the 24-hour price change is -29.90%.
Why is this happening? The short-term is weakening rapidly, and the risk of turning weak from a high position is increasing.
But on the other hand, 76% of short positions are still profitable. The funding rate is +0.061%, indicating bullish sentiment is somewhat heated. Before the weakness ends, don’t rush to buy the dip.
As long as $0.02997 is not broken, the structure still has room to continue; only after surpassing $0.03167 will the upside space open up.