$FIL I went through the data again; this rally doesn’t feel quite right.
Over the past 24 hours: +20.4%. Contract volume is 375 million USDT, but open interest is only 63 million USDT. Turnover is 6x—money comes in for a round and then leaves. Nobody is planning to hold overnight. The funding rate is only 0.01%, and even the sentiment hasn’t really heated up.
In the one-hour liquidations, short positions were 200,000 USDT and long positions were 100,000 USDT. The shorts are twice the longs—this is a squeeze, not an increase.
In plain terms: the current price has already broken above the 200-day moving average of 0.82 by 18%. That’s severely overbought in the short term. If 0.91 to 0.93 can be held, there could be a second push toward 1.03. If it breaks, then look at 0.85.
My approach: I won’t look for longs below 0.94. If you’re trying to chase, first calculate your stop-loss clearly. Do you think 0.91 can hold? #数据视角 #Fund flows
Over the past 24 hours: +20.4%. Contract volume is 375 million USDT, but open interest is only 63 million USDT. Turnover is 6x—money comes in for a round and then leaves. Nobody is planning to hold overnight. The funding rate is only 0.01%, and even the sentiment hasn’t really heated up.
In the one-hour liquidations, short positions were 200,000 USDT and long positions were 100,000 USDT. The shorts are twice the longs—this is a squeeze, not an increase.
In plain terms: the current price has already broken above the 200-day moving average of 0.82 by 18%. That’s severely overbought in the short term. If 0.91 to 0.93 can be held, there could be a second push toward 1.03. If it breaks, then look at 0.85.
My approach: I won’t look for longs below 0.94. If you’re trying to chase, first calculate your stop-loss clearly. Do you think 0.91 can hold? #数据视角 #Fund flows
