$LAB It has dropped nearly 10% within 24 hours. On the 4-hour level, it has been falling all the way from the 17.68 point, with 4 out of 6 candlesticks closing bearish, indicating a concentrated release of bearish momentum.

The funding rate remains negative, meaning short positions are essentially subsidizing the cost. Active buy orders account for 52%, yet the price stubbornly refuses to rise. In essence, it’s low-level bargain-hunting capital absorbing the selling pressure — a classic case of catching a falling knife.

Short near 16.2-17.5, targets at 12 and 9.
$ETH $SOL #Strategy上周减持3588枚BTC #Vitalik公布精简以太坊路线图