1000SATS The order book looks a bit sluggish right now. The three Bollinger Bands lines are being pressed downward continuously, and the price is hovering below the mid-band. It’s not very close to the lower band, but it’s not far either—overall it’s a slightly weak trend.
In the past 24 hours, it’s down 12.69%, which is fairly harsh. In the short term, the last 15 minutes barely managed to rebound by 0.10%, basically like treading water with no real movement. The funding rate is negative, and the short positions’ cost basis is relatively high—suggesting shorts are paying to hold their positions up. Open interest has shrunk sharply: in the past 24 hours, the number of contracts/receipts dropped by about 22.1%. Contract funds are clearly withdrawing outward, and the market feels a bit quiet.
Across the whole market, the long-to-short participant ratio is 1.30. Long accounts still have the advantage, but the price hasn’t really responded. Trading volume over the last 15 minutes is only 0.6 times the recent average, and volume is contracting quite noticeably—the chart looks kind of dry.
For reference only and does not constitute investment advice.
#1000SATS #點金Midas
In the past 24 hours, it’s down 12.69%, which is fairly harsh. In the short term, the last 15 minutes barely managed to rebound by 0.10%, basically like treading water with no real movement. The funding rate is negative, and the short positions’ cost basis is relatively high—suggesting shorts are paying to hold their positions up. Open interest has shrunk sharply: in the past 24 hours, the number of contracts/receipts dropped by about 22.1%. Contract funds are clearly withdrawing outward, and the market feels a bit quiet.
Across the whole market, the long-to-short participant ratio is 1.30. Long accounts still have the advantage, but the price hasn’t really responded. Trading volume over the last 15 minutes is only 0.6 times the recent average, and volume is contracting quite noticeably—the chart looks kind of dry.
For reference only and does not constitute investment advice.
#1000SATS #點金Midas