$QNT —In just one hour, it surged again by 5.52%, with the position value rising in parallel by 9.08% to 10.90 million. Price up, positions up—this looks like fresh money chasing, not short covering!
The 15-minute active buy/sell ratio is 1.196, and in the 1-hour window it's 1.122; buyers have the advantage in taking orders. Over the past 24h, it’s up 12.719%, latest is 108.98—only one step away from the 24h high of 109.98. But the funding rate is -0.0011%, meaning shorts are still paying; the short side hasn’t conceded.
Holding steady above 103.28 from the last hour, and keeping the buy/sell ratio above 1, is what counts as renewed momentum. If it slips back below that level, then this round of adding positions was just chasing and getting reversed.
#QNT
The 15-minute active buy/sell ratio is 1.196, and in the 1-hour window it's 1.122; buyers have the advantage in taking orders. Over the past 24h, it’s up 12.719%, latest is 108.98—only one step away from the 24h high of 109.98. But the funding rate is -0.0011%, meaning shorts are still paying; the short side hasn’t conceded.
Holding steady above 103.28 from the last hour, and keeping the buy/sell ratio above 1, is what counts as renewed momentum. If it slips back below that level, then this round of adding positions was just chasing and getting reversed.
#QNT
