ARC/USDT:USDT
🤖AI Insight
bitgetabout 2 months agoBearish
85%
Despite a devastating 49% price collapse, ARC on Bitget retains positive funding (0.0050%) and an extremely oversold RSI of 24.0. This combination suggests that late longs are stuck in positions, but the lack of a short incentive (positive funding) despite the bloodbath prevents a standard squeeze, indicating further capitulation is likely as the remaining 'hope' is liquidated.
Detailed Analysis
What I see:
Price -49.22% with RSI at 24.0 and positive funding (0.0050%).
What it means:
Longs are still paying shorts despite the crash, showing a lack of aggressive shorting to fuel a squeeze.
What I expect:
Continued downward drift or a final capitulation wick to flush remaining long OI.
Invalidation condition:
RSI divergence on lower timeframes or funding flipping deeply negative.
Exchangebitget
StatusConfirmed
Timeframe
Expected Move±12%
Detected Price$ARC 0.05375
Timeabout 2 months ago
Outcome+43.33%
Outcome Price$ARC 0.03046
Verifiedabout 2 months ago