$EWY is currently at 186.18, up 4.819% in the last 24 hours, with a position of 94,566.7 contracts, and fees are at zero.
This structure looks like the bulls are actively accumulating and opening positions, rather than the bears getting squeezed.
Over here in Korea, the election rumors and happenings on the peninsula haven’t stopped, and funds are continuously testing the waters with buys. Zero fees mean the bulls' holding cost is super low, and once a political catalyst ignites, the follow-up buying could push it up fast.
But right now, the price increase isn’t explosive yet; we're not in the main uptrend.
Trading tags: #BinanceFutures #TradFi #USDⓈM #EWY #EWYUSDT $EWY
This structure looks like the bulls are actively accumulating and opening positions, rather than the bears getting squeezed.
Over here in Korea, the election rumors and happenings on the peninsula haven’t stopped, and funds are continuously testing the waters with buys. Zero fees mean the bulls' holding cost is super low, and once a political catalyst ignites, the follow-up buying could push it up fast.
But right now, the price increase isn’t explosive yet; we're not in the main uptrend.
Trading tags: #BinanceFutures #TradFi #USDⓈM #EWY #EWYUSDT $EWY