NIL The market is pretty tangled right now. The three Bollinger Bands are being pushed downward in a row; the price is hovering around the middle band—neither sticking to the bottom nor pressing up to the top. Overall, it’s a rather weak structure. Latest price 0.03847, down 17.58% over the past 24 hours—it's a bit brutal. Short-term capital is clearly pulling out. OI open interest is 2.65 million USD, and 24-hour warrants/orders have decreased by 31.3%. The contract fund flow out is quite aggressive, and market sentiment is a bit cold.
Funding rate is still positive at +0.0050%, which suggests long positions are carrying a relatively high cost; long accounts are paying the short side funding fees. The long/short ratio is 0.97—short accounts have a slight edge in number, though the gap isn’t big; both sides are closely matched.
That said, on the 15-minute timeframe there has just been a little movement: the price jumped 3.14%, and volume rose to 1.7 times the recent average. Suddenly, a wave of volume/energy came in, and the bulls in the short cycle have caught their breath a bit. But overall the structure remains weak. The price is grinding around the middle band, with no strong directional bias—more of a back-and-forth tug-of-war rhythm.
For reference only and does not constitute investment advice.
#NIL #點金Midas
Funding rate is still positive at +0.0050%, which suggests long positions are carrying a relatively high cost; long accounts are paying the short side funding fees. The long/short ratio is 0.97—short accounts have a slight edge in number, though the gap isn’t big; both sides are closely matched.
That said, on the 15-minute timeframe there has just been a little movement: the price jumped 3.14%, and volume rose to 1.7 times the recent average. Suddenly, a wave of volume/energy came in, and the bulls in the short cycle have caught their breath a bit. But overall the structure remains weak. The price is grinding around the middle band, with no strong directional bias—more of a back-and-forth tug-of-war rhythm.
For reference only and does not constitute investment advice.
#NIL #點金Midas