$HYPE sell orders are 1.58 times buy orders, and the price only drops 0.32%——the hands smashing the market are swinging at empty air！
In the past hour the主动 buy/sell ratio is 0.79, and over the last 15 minutes it is 0.634. The seller is eating orders all the way and holds the upper hand. The price fell from 87.714 an hour ago to 86.31；but in the past hour the held position amount only decreased by 0.42% to 381 million, with the funding rate at -0.0002%，so shorts still have to pay extra to hold positions. Coinbase has just added HYPE to collateralized lending (Wu Shuo), yet the order book is still moving downward—both directions are diverging.
This looks more like a “deleveraging-style pullback” and shorts paying fees; this wave is more like flushing than a reversal. Only reclaiming the price of 87.714 from an hour ago counts as catching it; breaking below the 24h low of 85.554 means it’s cut.
#HYPE order book
In the past hour the主动 buy/sell ratio is 0.79, and over the last 15 minutes it is 0.634. The seller is eating orders all the way and holds the upper hand. The price fell from 87.714 an hour ago to 86.31；but in the past hour the held position amount only decreased by 0.42% to 381 million, with the funding rate at -0.0002%，so shorts still have to pay extra to hold positions. Coinbase has just added HYPE to collateralized lending (Wu Shuo), yet the order book is still moving downward—both directions are diverging.
This looks more like a “deleveraging-style pullback” and shorts paying fees; this wave is more like flushing than a reversal. Only reclaiming the price of 87.714 from an hour ago counts as catching it; breaking below the 24h low of 85.554 means it’s cut.
#HYPE order book
