Everyone is expecting another crazy pump, but the data tells us something interesting
So, guys, let’s take a look at the latest data on $ESPORTS First, look at the open interest. The open interest for $ESPORTS is around $10.3 million, up 99.18% in the last 24 hours. This shows a significant increase in open futures positions.
Now, look at the long/short ratio. Around 73–74% of traders are long, while only 26–27% are short. This means most traders expect the price to rise.
Next, funding rates. Binance shows +0.074%, while Bybit is at -0.0313%. Funding is mixed across platforms.
Volume is also worth watching. We’re not seeing strong volume activity compared with previous rallies.
So, what might happen next?
With around 74% of traders already positioned long, I’d be cautious about expecting another crazy pump. $ESPORTS could rise a little, but if buying pressure remains weak, we could see a 20–30% correction as traders take profits.
$M Clear momentum supports the upward trend. The Confluence Indicator on Whale Radar sees an upward trend. Could this be the beginning of a strong bullish wave? Let's watch together.
The confluence indicator sees more upside for Bitcoin... Will this rally continue, or does the market maker have a different view? Follow Whale Radar to track the momentum when it starts $BTC #BTC
This is what’s called accurately spotting the start of momentum. Whale Radar helps us a lot in spotting the start of real momentum 🤍🚀 $DOOD
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$DOOD Momentum may continue, along with the upward trend Whale Radar detects sustained momentum and clear outperformance by the confluence indicator, which continues to support the upward trend. Trade cautiously and follow Whale Radar.