Trading volume surged to 3.63x, with the funding rate at 0.0000%. Since the funding rate is zero, there is no paid direction: will this hype continue?
As of 23:40, $CRCL quoted 70.740 USDT, up 9.2% over the past 24 hours.
Up 6.9% in the last 4 hours.
In recent periods, trading volume accelerated to 3.63x.
Current funding rate is 0.0000%, meaning the funding rate is zero and there is no paid direction.
Up 6.9% in the last 4 hours alongside a 1.9% increase over 4 hours suggests that new leverage has entered, and sensitivity to adverse moves may increase.
I think that up 6.9% over 4 hours alongside a 1.9% increase over 4 hours looks more like a short-term warming up of leverage participation, so downside volatility may be more sensitive.
If the 15-minute close holds above 71.700, it would support the current mildly bullish interpretation.
If the 15-minute close falls below 67.030, it would overturn the current mildly bullish interpretation.
In this move, which do you care more about: the 3.63x surge in volume, or the 1.9% increase in open interest over 4 hours—adding new positions?
$CRCL #美股 #long-short data
As of 23:40, $CRCL quoted 70.740 USDT, up 9.2% over the past 24 hours.
Up 6.9% in the last 4 hours.
In recent periods, trading volume accelerated to 3.63x.
Current funding rate is 0.0000%, meaning the funding rate is zero and there is no paid direction.
Up 6.9% in the last 4 hours alongside a 1.9% increase over 4 hours suggests that new leverage has entered, and sensitivity to adverse moves may increase.
I think that up 6.9% over 4 hours alongside a 1.9% increase over 4 hours looks more like a short-term warming up of leverage participation, so downside volatility may be more sensitive.
If the 15-minute close holds above 71.700, it would support the current mildly bullish interpretation.
If the 15-minute close falls below 67.030, it would overturn the current mildly bullish interpretation.
In this move, which do you care more about: the 3.63x surge in volume, or the 1.9% increase in open interest over 4 hours—adding new positions?
$CRCL #美股 #long-short data