Up 9.3%, and yet the CTSI fee rate is even more negative
Up 9.3%, but the fee rate keeps drilling further into negative territory. Something’s off.
Look at how the positions moved: 2.3M → 2.1M → 2.2M → 3.9M. It was slowly grinding for a while, and then in the final step it suddenly surged up, +71.6%. This isn’t a low-volume, creeping drop—or a fake-out. It’s real money pressing in buy orders, stacking the chips right on the price.
Current price is 0.0329 USDT, market cap is only $32.1M, and the 24h trading volume is $79.9M. Spot pairs are in play, the float isn’t large, but trading is even hotter than the market cap would suggest.
Now the fee rate: -0.3628% slipping further to -0.3804%, and after turning negative it continues to fall. In plain terms—shorts are starting to take the upper hand. But shorts don’t come for free: the more negative the fee rate, the higher the cost of holding short positions. If the price stays stuck in the low zone and doesn’t keep dropping, where does the strength for this covering come from?
On the news front, there are 10 related reports recently, and the media is watching closely—one of them is Top 5 rising and falling crypto sectors.
What can be confirmed right now is only this: someone is clearly building a position with real funds, but the direction hasn’t been set yet. Don’t rush to pick a side. First, check your leverage and your position cost.
Negative fee rates can flip. Liquidation prices won’t wait for you to confirm your direction.
#CTSI #币安 #Bitcoin