51%, how is this rise calculated?
$4 Today the high reached 0.02088, and it rallied all the way from the low of 0.011672, for a gain of over 51%. But now the price has pulled back to around 0.01794, which is already about 14% down from the peak.
Looking at the K-line chart, the trading volume in this round is gradually shrinking—the candle with the highest volume had nearly 2 billion in turnover, and after that each candle’s volume kept decreasing; the latest one is only a bit under 300 million. When volume is backing off, it means fewer people are chasing the rally.
The long/short ratio is 59% vs 41%—longs are in the lead, but not with an overwhelming advantage. The funding rate is 0.113%, which is much higher than normal, meaning that longs are paying the shorts—this is a sign that market sentiment is overheated, and it also suggests that high-short positions are starting to accumulate.
Within the past 8 hours, overall momentum is weakening—this sentence is based on data, not a guess by me.
So the current structure is: after a big surge, a volume-shrinking pullback; the funding rate is relatively high; long positions are somewhat dominant, but momentum is weakening. In this situation, it’s neither a good time to chase higher, nor necessarily a time when things will instantly collapse. The key is whether 0.016 can hold.
If volume picks up again, then re-evaluate the direction. Otherwise, just wait.
$4
#资金费率 #51%暴涨背后
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