37

A data combination today made me stop and take a second look—

ONG’s 24-hour price increase is 37.6%, but the funding rate is only 0.005%.

Usually with a move like this, leveraged long positions rush in and drive the funding rate up sharply, with borrowing costs spiking to 0.1% or even higher. But this time, there wasn’t that. The rate is nearly zero.

So what does that mean? The rise isn’t being built by leverage stacking—it’s being driven by spot buy pressure.

Take a look at the candlesticks: starting from the 4th one, the trading volume suddenly expands to over 400 million, about 2–3 times the earlier candles, and the price jumps in sync. Both volume and price rise together—this is a signal of real buying, not the emotional flare of longs.

What’s even more interesting is that shorts still make up the majority right now—52.2% of open positions are short. If price keeps pushing upward, this batch of shorts will be forced to stop out, reverse to buy, and end up becoming fuel for the next leg higher.

Of course, in the high-price zone today, the highest touch was 0.104, and it has since pulled back to around 0.100. We need to watch whether it can hold.

This combination of “calm funding rate, expanding volume, and short positions dominating” is not common, and it’s worth keeping an eye on.

$ONG #资金费率异常 #37% increase behind it
Click the small card below to quickly check the market👇

Today ONG’s price action had me watching it for several looks.

Not because it’s up 37%, but because the funding rate is almost zero—only 0.005%.

For a coin that has surged more than 30%, if there isn’t a clear buildup of long positions on the derivatives side, it suggests this move is driven mainly by spot demand, not leveraged trading. When both of these conditions show up together, it’s fairly uncommon.

Intraday, the price was pushed from 0.0717 all the way to 0.1028—an almost 44% range move. Trading volume is close to 200 million, and the most recent hourly K-line volume has even jumped to over 400 million—far above the average volumes of the prior few candles.

Long/short ratio is 49.4 to 50.6, basically balanced. No side is really betting hard on a direction; instead, it indicates the market is waiting for a signal.

What to watch now is: whether the price can hold above 0.10. From the K-line structure, there are three consecutive hourly bullish candles, and the structure is still fairly intact. But there’s still some room to reach today’s high of 0.1028—the key is whether it can break through.

A low funding rate means carrying positions isn’t expensive, but since the price has already climbed significantly, the probability of short-term consolidation is also rising. In terms of sentiment, after a big jump, there is often a period of sideways movement to digest the move.

$ONG #资金费率异常 #37% surge behind the scenes
Click the small card below to quickly check the行情👇

🔥 $VELODROME The current long (bull) structure is intact, upward momentum is building. Now is the best time to go long!

📊 Signal data:
├ Direction: Long
├ Entry time: 08-20 08:59
├ Entry price: 0.018490
├ Rank: #37
└ Volume: 1.35M USDT

⚠️ Risk warning: The above is for technical exchange and reference only and does not constitute investment advice. Please strictly manage risk and set a stop-loss.

💡 Follow me to catch the quant launch signal in real time—don’t miss every opportunity anymore.

$VELODROME

$GALA This 15-minute line is kind of interesting. It didn’t drop very hard, but the volume was able to pull it to 13x directly. Coupled with OI contracting—there’s a heavy flavor of long-side deleveraging. This doesn’t look like a simple sell-off; it looks more like positions are being liquidated/cleaned out.

The price has already broken through the lower edge of the range of nearly 20 five-minute K-lines. Here, the active selling pressure can’t be clearly met by the buy-side— the buy-sell ratio around 0.29 is basically a one-sided selling pattern. The pool’s OI extreme percentile has been pushed all the way to 100%; the nominal change ranks at #37. In the whole market, this kind of anomaly definitely ranks at the top tier.

The total “basket” is only a bit over $5 million over 24 hours—honestly, it’s not that big. But at this kind of extreme level, combined with a volume-backed breakdown, anyone trying to bottom-pick on the short term should first steady themselves. The 1-hour OI is also continuing to contract, which suggests this isn’t a momentary impulse—there’s capital systematically withdrawing.

Wait for a reliable consolidation/absorption signal before making a move. Don’t rush to grab a flying knife.

A 5.00% 24-hour surge - but is $PUMP ’s rise just hype?

PUMP has surged 28.5% over the past seven days, with a 5.00% increase in the last 24 hours. Yet, its current price sits at $0.002794, and it’s unclear whether this move is backed by on-chain activity or simply speculative momentum. The lack of major exchange listings or DeFi integration raises questions about its long-term viability.

▍What’s driving PUMP’s rally?

The 28.5% weekly gain is notable, but the coin has not shown consistent on-chain engagement. It’s not listed on major DeFi platforms, and it doesn’t appear in TVL rankings for any of the top blockchains. That’s a red flag for any token aiming to build long-term value. Ethereum, BSC, and Solana dominate the TVL charts, and PUMP’s absence from them implies it lacks real-world integration or use cases that could drive adoption.

▍PUMP in the memecoin space: a rising tide or a sinking ship?

PUMP’s rise is also reflected in search trends. It’s currently one of the most searched tokens in the past 24 hours, with a 1.7% increase in search interest. However, this is just a reflection of attention - not a sign of fundamental strength. The list of top searched tokens includes MowCat, DAPPOS, Pudgy Penguins, and others, all of which are either new or unproven projects. This suggests that the current surge in PUMP’s price may be more of a hype cycle than a sustainable trend.

▍PUMP’s future: speculative or sustainable?

▍Bottom line: watch with caution

If PUMP can show more on-chain activity, build a real community, and integrate into the DeFi ecosystem, it may have a chance to sustain its gains. But as it stands, the token is more of a speculative play than a serious investment.

—
Not financial advice. Crypto assets are high-risk; do your own research.

📌 Project Deepdive · #37 · #DeFi #CryptoSighted $PUMP

Many people are watching $CRO drop 94% from its all-time high and instinctively think, “At this level, where else could it fall?” But what you really need to look at isn’t the drop—it’s what happened over the past 30 days: from the $0.055 platform, it first surged on July 17 with a volume spike up to $0.061, then slowly pulled back. Today it accelerated and broke below $0.046, with 24-hour trading volume soaring to $18.28M—this is the highest volume in the last month, aside from that one surge. It’s not accumulation—it's panic sellers actively trying to exit but unable to find a buyer.

What truly needs to be confirmed is whether this volume-driven selloff shows any signs of stopping. Bullish traders will watch whether, over the next 24–48 hours, the成交量 quickly shrinks and whether price can stabilize back above $0.048—that’s the lower edge of the consolidation range from early July. Bearish traders, on the other hand, need to see whether the selloff continues with reduced volume and a gradual downward drift, or whether there’s another volume expansion that pushes the price to probe below $0.045. The same data—direction of volume change—determines which of the two narratives gets disproven first.

$CRO right now isn’t a “cheap” problem. It’s whether liquidity can anchor a real support level. If you hold a position, the key question is: who is selling this, and why no one is stepping in to buy. If you’re on the sidelines, wait for volume to contract before making a judgment—don’t get fooled by -13% and “rank #37.”

$UNI Today I’m taking a quick basic-fundamentals note—no calls.

Uniswap’s current pricing looks more like the market is re-assessing the strength of the narrative, rather than just reacting to candlestick colors.

Current price: $3.9950
Market cap: $2.49B
Rank: #37
FDV: $0.0000
7D / 30D: -2.9% / +17.2%

What I care about most is the supply structure:
Circulating supply is about 70.0%; any future unlocks/supply pressure must be factored into the valuation.

Daily trend: Neutral / Consolidating ↔️
RSI: 55.6
Support: $3.4100
Resistance: $4.5800

My read: $UNI If it reclaims resistance, the market will start giving it narrative premium; if it breaks support, that would indicate the capital still isn’t willing to buy this story. NFA.

Do you think $UNI is undervalued, or is it just another rebound trap?

Getting on the trending list doesn’t mean it was bought. $CRO is currently hanging on the Trending chart, but the price is crashing to a 30-day low—down 4.79% in 24 hours. Looking only at the price leads you to the conclusion that “it’s falling,” but the real signal is in the volume: on August 8, trading suddenly jumped to $11.17M, triple the average daily volume of less than four million dollars the previous week—and it happened on the day of the decline.

This doesn’t look like capital is entering. A coin with a market cap of $2.39B and rank #37 has such a low daily turnover rate that it’s almost negligible; the high-volume bullish candle of $34.63M on July 17 ultimately changed nothing. After that, volume and price both kept shrinking.

Today, volume came back—but the price broke down. I’m more inclined to read it as positions being exited by holders, rather than smart money stepping in.

Of course, this assessment could be overturned. If next the volume doesn’t fall back and the price also doesn’t continue making new lows, then it would mean this volume spike genuinely came from someone in the market—in which case the narrative should be revisited. What do you think is the most likely variable to overturn my take? Whether volume can stay elevated, or whether on-chain activity shows new capital movements?

$BSB This move has some substance.

In just 15 minutes, it broke above the recent range’s upper edge with a surge in volume. Trading volume reached 2.6 times the normal level, and the active buy order share was 10.6%, with buyers clearly in control. More importantly, OI is rising in sync—and it’s continuing upward from an unusually high level around the 95th percentile. That suggests this isn’t simply short-covering; it’s new money coming in and lifting the carriage.

In terms of nominal change, the entire pool is ranked at #37, and over the past 24 hours it recorded over 8 million U in turnover. Given this scale, capital attention is definitely not ordinary.

That said, to be honest, a 1% gain in 15 minutes isn’t all that astonishing. What truly caught my attention is the structure: OI and price making fresh highs together. Previously, when it ran up, volume and price were diverging. This time, leverage-driven capital is clearly determined to push higher.

Short-term sentiment is definitely overheated. But an OI at the 95th percentile also means that once the wind changes, the liquidation cascade won’t be gentle. If you add leverage to chase longs at this level, you’d better have your wits about you.

I’ll keep watching. If volume can still hold at 2.5x or above, this move may not be just a short-term pulse.

$DODO 15m Spot market volatility—don’t just look at the percentage gains; first check whether there’s actually real buying and selling going on.

Spot trades: 8.18M, ranking #37 on Binance by trade volume. If the trades can rank that high, it means this isn’t just meaningless, low-visibility movement.

Now: 24h change +64.81%; spread 0.03%. The pushed-up cost is 19.4k, while the dumped cost is 15.2k. The spot order book is most afraid of the first move looking good, and then the second move getting no takers.

Going forward, watch for two things: whether the volume/turnover can keep up, and whether the spread suddenly widens.

$UNI this round of rebound is more like funds “topping up” on the DeFi infrastructure layer than being pushed up by a single breakout narrative. Over 30 days, it moved from 2.77 to 3.95, a gain of 33%, but trading volume only noticeably expanded at the beginning of July and again in the past two days. For most of the time, daily volume hovered around 150 million—this suggests buy pressure is dispersed and built up gradually, not a one-off impulse caused by a huge buy.

It’s still 91% away from ATH. With a market cap of 247 million, it ranks #37. At this level, participants’ mindset is very clear: they are not gambling on a short-term alpha; they’re assessing whether a DEX leader can still maintain its liquidity dominance under the dual pressures of the L2 environment and regulation. Uniswap v4’s mainnet launch and the protocol-fee switch are currently the two most weighty catalysts, but the market isn’t pricing them in yet—it feels more like waiting for a structural trigger before being willing to add to positions.

The risk lies in the resistance in the 3.96 to 4.07 range. If the trading volume can’t continue to stay above 200 million, this accumulation phase may only be a “parking area” for funds after pulling back from meme coins, not a real direction decision. Position holders need to ask themselves: are you waiting for catalysts, or are you betting that the return of liquidity won’t be interrupted?

What other fund clues have you observed that are influencing the narrative around $UNI ? For example, net outflows from centralized exchanges, changes in whale addresses, or the migration rhythm of liquidity on a certain Layer 2—feel free to add.

An intuition that isn’t especially strong: this round of rebound from 2.8 to 3.9, marked by <$UNI >, looks more like valuation repair from liquidity being replenished than a new narrative-driven primary surge. But this intuition needs three things to be verified: whether trading volume can stay above 200 million, whether the 3.8–4.0 range has accumulated enough turnover to support rotation, and whether the psychological anchor of “down 91% from ATH” is being weakened.

On the chart, it’s up 35% over 30 days, yet still down 62% over one year—suggesting a local recovery after a deep bear market, not a trend reversal. Over the past week, the price climbed from 3.5 to 3.96, while volume expanded from 150 million to 270 million; especially on July 29, price and volume moved in tandem. That’s typical of smart money making a tentative push after accumulating at low levels. In the market cap ranking, it’s at #37 and stays around 2.47B with no abnormal volatility, indicating the capital isn’t a drive-by, hype-style trade, but a planned layout.

What I care about more is whether the rebound can hold above 4.0 and consolidate while contracting volume. If it only spikes to 3.95 and then pulls back on increased volume, that would turn into a distribution window for early holders who were waiting. What truly needs confirmation is this: when the price approaches 4.0, does the selling pressure come from long-term bagholders exiting after getting their break-even, or from active buyers continuing the momentum.

The invalidation conditions are very clear. If daily trading volume falls back below 150 million, it signals capital ebbing away and the rebound is just a technical repair during a lull. If the price drops back below 3.6 (meaning the support from the past week gets swallowed), then this rebound is already over. These two boundaries are right here—you can use them to test it; you don’t need to take sides.

PROM This 15-minute candle’s rise is quite decisive. With a 1.25% gain alongside a synchronized increase in OI, it’s clear that leveraged capital is pushing.

Looking at the details: 15m OI is up +1.56%, the difference in active trades is +16.8%, the buy/sell ratio is 1.40—showing this isn’t just passive following. It’s real, cash-based aggressive buy orders building a position. Anomalies in the whole pool at #16, nominal change at #37—this is a strength driven by its own logic, not lifted along by the broader market.

In the short term, this leveraged long structure looks solid. But pay attention to the levels: chasing after it now may not be the best move. If there’s a pullback to confirm support and trading volume and OI can still be maintained, that would be a more cost-effective entry timing.

$IDOL just in the last 15 minutes it surged 1.47%, and volume spiked to nearly 2x the usual, with volatility also exploding by 4.15.

What’s interesting is that the price moved up, but the contract positions didn’t follow—15-minute OI dropped 0.02%, and over 1 hour it also shrank by 0.18%. This move looks more like short covering rather than real chase-buying. At the close, it broke above the highs of the past ~20 candlesticks; the order book buy/sell ratio is 1.05, and active executions lean more to the buy side—buyers seem to be doing the work.

In the whole pool’s abnormal rankings, it’s #37, with notional change climbing to #24. Focusing attention here is the right call.

🥇 $XAUT — Digital Gold, Real Value!

Today, let’s talk about the coin that is backed by real gold —

XAUT (Tether Gold) 🏅

📊 Today’s Live Stats (9 May 2026):

DetailData💰 Price~$4,700 per token
📈 24H Volume$200M+
🏦 Market Cap$2.78 Billion
🔢 Rank#37 (CoinGecko)

🤔 What is XAUT?

XAUT is a stablecoin that gives ownership of one troy ounce of physical gold on a 1:1 basis — meaning one token = approximately one tola of gold. CoinMarketCap

This gold is stored in secure vaults in Switzerland, and you can verify your allocation online. CoinMarketCap

✅ Why Buy XAUT?

✔️ No storage cost — no need to keep physical gold

✔️ Instant liquidity — buy/sell anytime

✔️ Fractional ownership — invest even with a small amount

✔️ Easy portfolio rebalancing Bitget

📉 Market Sentiment Today:

In May 2026, the Fear & Greed Index is at 38 — during times like this, investors look for safe havens, and $XAUT is exactly that. Substack

Twitter shows 60% bullish sentiment for XAUT! 🐂 Coinbase

🏆 XAUT on Binance:

The most active pair for $XAUT on Binance is XAUT/USDT with a 24-hour volume of $18 Million+. CoinGecko

⚠️ Disclaimer:

This post is for educational purposes only and is not investment advice. Always do your own research.

#XAUT #TetherGold #Gold #BinanceSquare

$PHAROS This wave is hitting a bit hard—over the past 15 minutes it’s down 3.5%. Trading volume is twice the usual amount. OI is also down 3.5%. It’s a typical deleveraging move; longs probably expect to get washed again.

The funding rate is still at a high level, suggesting a lot of people previously chased longs. Now, sell orders are gaining the upper hand, with the buy/sell ratio at 0.81. The shorts aren’t letting up. The close has smashed through the lower edges of nearly 20 K-lines, so short-term support doesn’t look very solid.

For the contract notional change, the whole pool ranks #37, with an abnormal percentile of 99.2%. Data like this, sitting in extreme ranges, often has a chance of a second retest. Keep an eye on it—don’t rush to bottom-fish.

Are perp DEXs finally growing up? 👀

Tomorrow at 1 PM ET, we're getting into it on The DeFi Roundtable #37.

Set a reminder 🏔️
https://x.com/i/spaces/1yxBeeLnBXyJN?s=20

Any posts below this one are not from the official Dolomite account and should be treated as phishing attempts. Always exercise caution and check that you are interacting with official channels only.

$AVAX One’s return to Nasdaq compliance isn’t just a headline - it’s a statement. What if the first step to trust in a blockchain wasn’t code, but compliance?

You’ve seen it before: a project with solid tech, but no real foothold in the traditional world. That’s the gap AVAX One is trying to fill. By reclaiming Nasdaq compliance after a reverse stock split, they’re signaling something concrete - not just to investors, but to regulators and institutions.

Could AVAX One’s Nasdaq reinstatement be the missing piece for DeFi’s mainstream acceptance? It’s not a guarantee, but it’s a start.

—
For educational purposes only. Not financial advice.

📌 Crypto 101 · #37 · #CryptoEducation #CryptoSighted $AVAX

Market Confession #37

I don't actually know why I sell the way I do. I just do it, then make up a reason after.

Started watching my own trades like a stranger's. Same setup, same fear, same exit point, every single time. Not analysis. Muscle memory dressed up as a decision.

So I started asking one question before every trade am I doing this because of the chart, or because of the last one that hurt me.

Most of the time it's the second one.

Turns out the market isn't testing your predictions. It's testing whether you've met yourself yet.

$BTC $BNB $ZEC #crypto #BinanceSquare

$DODOX In just 15 minutes, this moved up 5%, volume spiked to 8.95x, volatility (波动Z) jumped straight to 9.56—this is a typical short-covering行情🔥. Open interest (OI) fell while price rose (15m -2.82%, 1h -2.61%), which indicates it wasn’t long positions adding and pushing it up, but shorts exiting.

Aggressive trade imbalance is 22.3%, buy/sell ratio is 1.57—clearly a battle where bulls are in control. Funding rate is still in the upper range, which suggests shorts are suffering badly. Abnormal percentile for the whole pool is 97%, and notional change #37—this continuation has gone on for several cycles, not like a sudden random twitch.

In the past 24 hours, trading value is only 13.76M—not a record huge amount, but the short-term explosive power is very strong. Keep an eye on whether it can hold steady: if OI stops declining, the short-covering phase may be nearing its end; otherwise, there’s still room to run.⚠️