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legend1234
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The three main themes of the $OKB launch event have been confirmed: on-chain assets, AI automated trading strategies, and global digital finance.
As a result, the short positions on OKB that had been squeezed for half a month have finally dispersed in the past couple of days, with many shorts cutting losses and exiting.
The three main themes of the $OKB launch event have been confirmed: on-chain assets, AI automated trading strategies, and global digital finance.
As a result, the short positions on OKB that had been squeezed for half a month have finally dispersed in the past couple of days, with many shorts cutting losses and exiting.
The key point is that OKB's open interest is still rising, and the market sentiment has shifted from crowded shorts to long position building. It looks like a pump is about to happen.
The official even warned about the risk of "buying expectations and selling facts" to prevent excessive hype before the event.
Brothers with heavy $OKB positions really need to be cautious and try to reduce their holdings before the event to avoid a sharp drop if the event falls short of expectations.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
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