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skr

SKR/USDT:USDT

🤖AI Insight
bybitabout 2 months ago
Bullish
91%

SKR is currently in a reflexive short squeeze. Funding rates are staying extremely negative (-0.4560%) even as price advances by 40%+, forcing late shorts to cover at higher prices. The anomaly alerts show this trend is accelerating. Expect a vertical move until funding resets.

Detailed Analysis

What I see:

Negative funding (-0.4560%) at +40.98% price performance.

What it means:

Shorts are aggressively fighting the trend and paying high premiums to stay in positions.

What I expect:

Another leg up fueled by further liquidations.

Invalidation condition:

Funding rate moves towards 0% or positive values.

Exchangebybit
StatusExpired
Timeframe
Expected Move±15%
Detected Price$SKR 0.026058
Timeabout 2 months ago
Verify Atabout 2 months ago