KLAC is down 6.71% over the last 24 hours, and the market is keeping it real: prices are dropping while the funding rate is still hanging at a positive 0.00067. The bulls are taking losses while still having to cover the time cost for the bears.
Open Interest (OI) is steady around 1029, indicating that the players are still in the game, holding out for a rebound. However, from a micro market perspective, this is a classic negative gamma accumulation structure. The longer the long positions hold through the downtrend, the more their entry cost gets passively pushed up. If we break the 245 level again, it could easily trigger a cascade of liquidations accelerating the drop.
Trading Tag: #TradFi #链上美股 #KLAC
On the technical side, where is the key support for KLAC?
Open Interest (OI) is steady around 1029, indicating that the players are still in the game, holding out for a rebound. However, from a micro market perspective, this is a classic negative gamma accumulation structure. The longer the long positions hold through the downtrend, the more their entry cost gets passively pushed up. If we break the 245 level again, it could easily trigger a cascade of liquidations accelerating the drop.
Trading Tag: #TradFi #链上美股 #KLAC
On the technical side, where is the key support for KLAC?