$ALT In the last 24 hours, we've seen a jump of +22.49%, currently trading at 0.008557 USDT, which is close to the 24h high.
๐ Price Action: 24h range is 0.006907 / 0.008599, with a volatility of about 24.50%; lower bound at 0.006907 (19.28% below current price) / midline at 0.007753 (9.40% below current price) / upper bound at 0.008599 (0.49% above current price), currently leaning towards the upper bound; about 0.49% away from the 24h high.
๐ Data Insights: Trading volume is approximately 39.93M USDT; current open interest (OI) is around 987.02M ALT; large holders' positions are about 55.29% long / 44.71% short, with a long-short ratio of 1.24; nominal size based on the latest price is about 8.45M USDT; current funding rate is -1.4314% (watch for cost fluctuations before and after settlement), next settlement around 12:00 UTC.
๐ Contract Info: Contract asset is
$ALT ; trading pair is ALT/USDT; public market name is AltLayer; exchange category: Infrastructure; has been live for about 853 days; market cap rank is #447; market cap is around 56.56M USD; spot 24h trading volume is about 147.90M USD.
โ ๏ธ Technical Analysis: Until the range is broken, the upper bound of 0.008599 remains a key reference, about 0.49% away from the 24h high, keep an eye on selling pressure at highs and profit-taking.
Data Source: Binance Futures public market + CoinGecko.
Do you value the continuation of the range more, or the changes in the funding rate?
#ALT #perpetual contract