The recent funding changes for $TUT are worth keeping an eye on: open interest (OI) has shot up in the short term, with the latest increase around 11.1% and approximately 18.1% over a 24-hour window, indicating that leverage is being ramped up.
What's even more crucial is that the OI/market cap ratio has reached 28.8%. For a market cap of about $7.89 million and 24H trades around $8.85 million, price elasticity could be significantly amplified. If community interest and short-term funds continue to align, volatility may further intensify.
Current price is about $0.00944; it's essential to monitor whether trading volume continues to expand. However, high OI also means that the risk of long/short squeezes is on the rise, so chasing the pump requires careful position sizing.
#Tutorial #加密市场 #altcoin
What's even more crucial is that the OI/market cap ratio has reached 28.8%. For a market cap of about $7.89 million and 24H trades around $8.85 million, price elasticity could be significantly amplified. If community interest and short-term funds continue to align, volatility may further intensify.
Current price is about $0.00944; it's essential to monitor whether trading volume continues to expand. However, high OI also means that the risk of long/short squeezes is on the rise, so chasing the pump requires careful position sizing.
#Tutorial #加密市场 #altcoin