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skr

SKR/USDT:USDT

🤖AI Insight
bybitabout 2 months ago
Bullish
85%

SKR is exhibiting an aggressive funding-price divergence. With funding at -0.3741%, it is one of the most shorted assets on the list relative to its 32.82% daily gain. The RSI at 56.2 suggests the asset is not yet technically overbought despite the rally, providing room for further expansion as shorts are squeezed out.

Detailed Analysis

What I see:

Extreme negative funding -0.3741% with moderate RSI (56.2) and +32% price action.

What it means:

Market participants are heavily betting against the move, creating fuel for a squeeze.

What I expect:

Further price appreciation as shorts are forced to cover their positions.

Invalidation condition:

Sharp decline in price accompanied by a rapid increase in funding toward zero.

Exchangebybit
StatusMissed
Timeframe
Expected Move±12%
Detected Price$SKR 0.024711
Timeabout 2 months ago
Outcome-7.33%
Outcome Price$SKR 0.0229
Verifiedabout 2 months ago