REEF has decoupled from all other cryptos and has been steadily rising in recent days, driven by leveraged positions (Derivatives Market). Open Interest/Market Cap has already surpassed 100%, making any trade extremely risky, with chances of high volatility and forced liquidations.
New short positions are being opened, and the Long/Short Ratio is below 1. In a 3D Screener view, REEF stands out with high percentages in 24h price, RSI, and OI/MC, usually signaling local tops. Additionally, the negative Funding Rate shows the market is paying for Longs — a clear sign that price often moves against traders. Shorts beware. ⚠️
Have you ever seen a 3D visual Screener before? Studies show that our brains process and locate information faster in 3D graphs compared to traditional tables. We're here to explore and help you discover opportunities using incredible visualizations and advanced data science🧠