1000RATS This is a choppy period right now. The Bollinger three lines are moving horizontally, back and forth; the price is hovering a bit below the middle band. %B is 0.23—it's not far from the lower band, but it hasn't stuck to it. In the past 24 hours it’s risen by a bit over 12%, and the move has had some momentum. However, in the last 15 minutes it has pulled back by 0.58%, so the short-term action is a little out of breath.
The funding rate is still positive, at 0.0471%. The long positions’ average cost is on the higher side, and longs are paying the fee. Open interest is 13.86 million USD; the 24-hour contract volume has increased by 20.3%, and contract funds are flowing in—heat hasn’t cooled off. Across the whole market, the long-to-short ratio is 1.16: there are slightly more long accounts, but it doesn’t amount to an overwhelming advantage.
The 15-minute trading volume is only 0.6 times the recent average. Volume hasn’t kept up, and the order book looks a bit dry. Overall, after that rally the market is digesting at higher levels—both longs and shorts are watching and no one is in a hurry to make a move.
For reference only and not investment advice.
#1000RATS #点金Midas
The funding rate is still positive, at 0.0471%. The long positions’ average cost is on the higher side, and longs are paying the fee. Open interest is 13.86 million USD; the 24-hour contract volume has increased by 20.3%, and contract funds are flowing in—heat hasn’t cooled off. Across the whole market, the long-to-short ratio is 1.16: there are slightly more long accounts, but it doesn’t amount to an overwhelming advantage.
The 15-minute trading volume is only 0.6 times the recent average. Volume hasn’t kept up, and the order book looks a bit dry. Overall, after that rally the market is digesting at higher levels—both longs and shorts are watching and no one is in a hurry to make a move.
For reference only and not investment advice.
#1000RATS #点金Midas