MINIMAX This move really has momentum—over the past 24 hours it’s up 6.57%. The price has directly pushed through the Bollinger upper band, and %B has even reached 1.24, giving the look of charging outward while clinging to the upper band. The three Bollinger lines are all lifting together, the band width is opening up, and the overall formation is biased bullish.
In the 15-minute timeframe it rallied another 1.24%, and the volume basically exploded—about 14.9 times the recent average volume. It feels like capital suddenly rushed in. Open interest is also rising in sync: OI is up 11.6% over 24 hours, meaning contract capital is moving in, not just talk.
Funding rate is still positive, but it’s close to zero. The long positions’ cost isn’t high, so there’s no real pressure for now. The long/short ratio is 0.86—short accounts have the upper hand by number—but the price is still being pushed upward. This picture is kind of interesting.
In one sentence: volume and price are rising together, it’s running along the upper band; longs hold the initiative, but there are still plenty of shorts—both sides are duking it out.
For reference only and does not constitute investment advice.
#MINIMAX #點金Midas
In the 15-minute timeframe it rallied another 1.24%, and the volume basically exploded—about 14.9 times the recent average volume. It feels like capital suddenly rushed in. Open interest is also rising in sync: OI is up 11.6% over 24 hours, meaning contract capital is moving in, not just talk.
Funding rate is still positive, but it’s close to zero. The long positions’ cost isn’t high, so there’s no real pressure for now. The long/short ratio is 0.86—short accounts have the upper hand by number—but the price is still being pushed upward. This picture is kind of interesting.
In one sentence: volume and price are rising together, it’s running along the upper band; longs hold the initiative, but there are still plenty of shorts—both sides are duking it out.
For reference only and does not constitute investment advice.
#MINIMAX #點金Midas