BANK has two possible outcomes—first, wait for the sell pressure to show its sequence.
Binance U-margined Perpetuals｜BANK past 24 hours -23.14%, weakness remains. For the repair, first check whether the sell pressure is converging. Current price is about 0.0456, 24h trading volume is about 382 million. The 30m volume ratio is only 0.5x, with participation still weak.
Order flow/funding: Long accounts account for 59%; buy/sell ratio (active) is 1.04 (active trades are nearly balanced); 30m open interest +0.3%; funding rate -0.0141%.
Reference indicators: 30m RSI at 19.41 is already oversold, suggesting short-term panic may be getting close to its peak; 30m Super Trend at 0.043137, and the current price is above it—indicating the structure is more trend-continuation oriented.
Which one will you wait for first: will the active buy/sell ratio of 1.04 break above 1 first, or continue to deviate further, or can the 30m RSI at 19.4 move back above 30?
#BANK #Market anomaly alert
Binance U-margined Perpetuals｜BANK past 24 hours -23.14%, weakness remains. For the repair, first check whether the sell pressure is converging. Current price is about 0.0456, 24h trading volume is about 382 million. The 30m volume ratio is only 0.5x, with participation still weak.
Order flow/funding: Long accounts account for 59%; buy/sell ratio (active) is 1.04 (active trades are nearly balanced); 30m open interest +0.3%; funding rate -0.0141%.
Reference indicators: 30m RSI at 19.41 is already oversold, suggesting short-term panic may be getting close to its peak; 30m Super Trend at 0.043137, and the current price is above it—indicating the structure is more trend-continuation oriented.
Which one will you wait for first: will the active buy/sell ratio of 1.04 break above 1 first, or continue to deviate further, or can the 30m RSI at 19.4 move back above 30?
#BANK #Market anomaly alert