LUNA2 The market action is kind of interesting right now—over the past 24 hours it’s up 7.22%, a pretty strong move. But the three Bollinger Bands have been pressing downward all along; the price is running along the lower band, and %B is only 0.12—basically a grind right on the bottom. A small bearish candle was just knocked down within 15 minutes, down 0.45%. Volume actually came in, up to about 1.7 times the recent average volume—there’s definitely noticeable activity in the short term.
The funding rate is still positive at +0.0050%. Longs’ average cost is on the high side; longs are paying shorts. Open positions are $2.33 million, and open orders surged 91.9% over 24 hours—contract capital is pushing in, and enthusiasm has clearly increased. The long/short ratio is 1.80, with more participants on the long side; fewer on the short side.
Overall: price is sticking to the lower band, volume is amplifying, open orders are increasing. There are more longs but their costs are also higher—market structure looks weak, yet both capital flow and market sentiment are present. For reference only and not investment advice.
#LUNA2 #点金Midas
The funding rate is still positive at +0.0050%. Longs’ average cost is on the high side; longs are paying shorts. Open positions are $2.33 million, and open orders surged 91.9% over 24 hours—contract capital is pushing in, and enthusiasm has clearly increased. The long/short ratio is 1.80, with more participants on the long side; fewer on the short side.
Overall: price is sticking to the lower band, volume is amplifying, open orders are increasing. There are more longs but their costs are also higher—market structure looks weak, yet both capital flow and market sentiment are present. For reference only and not investment advice.
#LUNA2 #点金Midas