ON fell 21.70% in 24h. Even though the passive buy orders are still in control, this is the disagreement that exists right now.
Binance USDT-margined Perpetuals | ON’s intraday weakness is still ongoing—before a repair, first look to see whether the selling pressure is easing. Current price is about 0.2904, with 24h trading volume of about 19.5385 million; the 30m volume ratio is 6.4x, and participation is rising.
Funding: short accounts account for 64%; the buy/sell ratio for aggressive orders is 1.14 (price is down, but aggressive buys are still dominant); 30m open interest is +0.2%; funding rate is +0.0050%.
Reference indicators: 30m RSI at 24.88 is already oversold, suggesting short-term panic may be getting close to fully priced in; the 30m ATR trend reference level is 0.325150—since the current price has broken below this level, it indicates that the trend’s protective level is starting to come under pressure.
In the order book, you need two answers: whether the aggressive buy/sell ratio of 1.14 can continue staying above 1 to support the price stabilizing, and whether the 30m RSI at 24.9 can return above 30. Only when both hold steady does it really look like a repair—if only one holds, it’s still weak and choppy.
#ON #异动警报
Binance USDT-margined Perpetuals | ON’s intraday weakness is still ongoing—before a repair, first look to see whether the selling pressure is easing. Current price is about 0.2904, with 24h trading volume of about 19.5385 million; the 30m volume ratio is 6.4x, and participation is rising.
Funding: short accounts account for 64%; the buy/sell ratio for aggressive orders is 1.14 (price is down, but aggressive buys are still dominant); 30m open interest is +0.2%; funding rate is +0.0050%.
Reference indicators: 30m RSI at 24.88 is already oversold, suggesting short-term panic may be getting close to fully priced in; the 30m ATR trend reference level is 0.325150—since the current price has broken below this level, it indicates that the trend’s protective level is starting to come under pressure.
In the order book, you need two answers: whether the aggressive buy/sell ratio of 1.14 can continue staying above 1 to support the price stabilizing, and whether the 30m RSI at 24.9 can return above 30. Only when both hold steady does it really look like a repair—if only one holds, it’s still weak and choppy.
#ON #异动警报