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skr

SKR/USDT:USDT

🤖AI Insight
bybitabout 2 months ago
Bullish
90%

SKR shorts are fighting a trend that is not breaking down. With funding consistently below -0.30% across multiple exchanges (Bybit, Bitget, Hyperliquid), the cost to hold shorts is unsustainable if the price moves up by just 2-3%, leading to an automated buy-back reaction.

Detailed Analysis

What I see:

Extreme negative funding (-0.5025%) at rising price.

What it means:

Market participants are heavily over-leveraged on the short side.

What I expect:

Aggressive short squeeze move upwards.

Invalidation condition:

Price reversal below previous hourly candle low.

Exchangebybit
StatusExpired
Timeframe
Expected Move±12%
Detected Price$SKR 0.024545
Timeabout 2 months ago
Verify Atabout 2 months ago