Short-term, 1 hour up 1.3%, but the 24 completed 1-hour candles are down 10.8%: is this rebound a repair, or just a breather in weakness?
As of 10:52, $HEMI is at 0.01417 USDT, down 12.9% over the past 24 hours
4-hour change is -1.6%.
The 6-hour turnover acceleration is 0.42x.
24 completed 1-hour candles down 10.8%, accompanied by a 0.3% increase over 4 hours, indicates that open interest is still rising during the decline, and sensitivity to reverse volatility may be increasing.
The funding rate is +0.0050%, meaning longs are paying shorts; the account long-short ratio is 0.70, suggesting that the long side is still bearing costs, and reverse volatility may be amplified.
I think, putting the 24 completed 1-hour candles down 10.8% together with the 4-hour increase of 0.3%, it looks more like leverage has not clearly retreated during the decline; combined with the account long-short ratio of 0.70, the short-term rebound may not change the fragile structure.
If a 15-minute close falls below 0.01412, it will support the current weak interpretation.
If a 15-minute close closes above 0.01455, it will invalidate the current weak interpretation.
Would you rather see the 1-hour rise of 1.3% as a repair signal, or as a rebound in weakness?
$HEMI #山寨币 #long-short data
As of 10:52, $HEMI is at 0.01417 USDT, down 12.9% over the past 24 hours
4-hour change is -1.6%.
The 6-hour turnover acceleration is 0.42x.
24 completed 1-hour candles down 10.8%, accompanied by a 0.3% increase over 4 hours, indicates that open interest is still rising during the decline, and sensitivity to reverse volatility may be increasing.
The funding rate is +0.0050%, meaning longs are paying shorts; the account long-short ratio is 0.70, suggesting that the long side is still bearing costs, and reverse volatility may be amplified.
I think, putting the 24 completed 1-hour candles down 10.8% together with the 4-hour increase of 0.3%, it looks more like leverage has not clearly retreated during the decline; combined with the account long-short ratio of 0.70, the short-term rebound may not change the fragile structure.
If a 15-minute close falls below 0.01412, it will support the current weak interpretation.
If a 15-minute close closes above 0.01455, it will invalidate the current weak interpretation.
Would you rather see the 1-hour rise of 1.3% as a repair signal, or as a rebound in weakness?
$HEMI #山寨币 #long-short data
