#MERL Ahead of this week's employment indicators, futures are continuing to manage overall risk and accumulate spot positions (even in conservative ranges). * That said, it can get too boring if we do nothing at all,,, so lightly trading some altcoins with good data for small volatility. * But these are the ones that tend to perform well. ✔️ Data Checklist 1. Increase in open interest during price rise 2. Increase in CVD 3. Surge in open interest 4. Decrease in long account ratio + overheating of negative funding (not just simple negative funding, but overheating is important) = Possibility of a short squeeze.
Show original
22.57K
3
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.