🚨Detected abnormal WET contract rate: -1.2%, the analysis is as follows:
1. Core conclusion
- Direction: Long
- Confidence level: High
- Core logic: Price resilience under negative funding rates (-1.2%) with an increase (1H +5.4% vs BTC), recent short liquidations significantly higher than long (24H short liquidations 616,900 > long 380,200), slight long skew in positions, forming a non-consensus short squeeze opportunity.
2. Risk assessment
- Main risk: High perpetual trading volume but spot data has not confirmed an increase, which may lead to a leverage-driven false breakout; if BTC falls sharply, WET as a small coin is likely to follow.
- Black swan check: No reports of related runaways, hacks, or exchange incidents, market sentiment is neutral with no extreme alerts.
3. Operational suggestions
- Suggested entry area: Near current price (0.20 USD)
- First take profit level: +8% (based on 24H volatility of 21%, taking 1/3 of expected increase)
- Stop loss level: -3% or recent support level (0.194 USD)
(The chart shows the 15m liquidation chart)
