## $CLO Trend Analysis: Shorts Bleeding, Short Squeeze Continues

The current $CLO market exhibits typical short squeeze characteristics. Price is trading around $0.8003, with a 24-hour gain of 11.98%. While the gain appears modest on the surface, the underlying capital flows reveal true intent—shorts are being forced to liquidate.

Looking at liquidation data: shorts were liquidated $2.60M while longs only $0.81M, with short losses exceeding long losses by more than 3 times. More critically, the funding rate remains in negative territory at **-0.6512%**, indicating short sellers are continuously paying interest to long buyers. Under these conditions, shorts continuing to resist creates mounting pressure, with rising risk of secondary liquidations.

From open interest perspective, OI grew 43.63%. This isn't a weak bounce of "pump and dump," but rather leverage capital continuously flowing in, chasing prices higher. The synchronized expansion of volume and open interest indicates this rally carries a certain degree of consensus.

## Structure and Strategy Framework

**Upside**: Key focus on whether the 0.80 round level holds. If price pulls back but holds this level, it signals effective buying pressure—consider adding on dips to the 0.76-0.78 zone.

**Downside**: 0.74 zone represents major liquidity support. Breaking below without quick recovery signals the short squeeze has ended; exit with stop loss.

From Wyckoff cycle perspective, currently in **Markup phase**: expanding volume and leverage capital chasing indicate momentum trading opportunity. However, beware—when squeeze pressure loses momentum and reverses quickly, avoid heavy position chasing at acceleration peaks; risk becomes uncontrollable.

**Real-time Reference Data**: Total liq $3.41M | Long/short ratio 0.45 | OI growth 43.63%

What's your take? Can $CLO squeeze shorts one more round?