There’s one detail I think is worth mentioning—
$USELESS Today, in the past 24 hours it has risen by nearly 43%. Put that number on any coin, it’s not small.
From a low of 0.066 all the way to 0.097—an entire big wave.
But what’s interesting isn’t the percentage increase itself; it’s the long/short structure:
Right now, the people taking long and the people taking short are almost evenly split (49% long / 51% short).
In other words, before and during this big rally, nearly half of the people were actually betting that it would drop.
So what does that mean? Those betting on a decline will be forced to concede as the market rises and automatically get liquidated/closed out.
That “forced concession” action itself then further pushes the price higher—
this is what’s called “short squeeze.” In plain terms: the expectation of a fall becomes the fuel for a rise.
The 8-hour candlesticks overall are strengthening, and trading volume is also quite active—today it ran out 160 million USD in volume.
The funding rate is close to 0, which suggests the market isn’t extremely tilted to either side yet—so there’s no overheating for now.
One point I’ll be watching next: around 0.097 is today’s high.
If the volume can’t keep up, this area may form a short-term resistance zone; if it breaks out on increased volume, that indicates the momentum is still there.
For these small coins that explode in volume in a short time, risk control matters more than anything—
you can observe, but if you plan to enter, your position size must be light.
$USELESS #小币暴涨 #43%涨幅
Click the small card below to quickly view the market👇