CYS has moved pretty aggressively this round—within 24 hours it jumped 15%. The price pushed up to near the upper band and is running there. The three Bollinger lines are all being lifted together, the bandwidth is still expanding, and the overall structure is bullish.
The funding rate is still positive at +0.0050%. The long positions’ average cost is relatively high, indicating that longs are crowded now and people are paying fees to hold on. Open positions total $10.41 million; over the past 24 hours, the number of contracts (open interest) increased by 2.9%. There hasn’t been any withdrawal of contract capital—rather, it’s flowing in. The long/short ratio is 1.09. The number of accounts on the long side is slightly higher, and the headcounts on both sides aren’t split very widely.
However, on the short-term timeframe it’s a bit out of breath: over the last 15 minutes it fell 0.44%, but trading volume surged to 3.2 times the recent average volume. Sudden liquidity inflow has brought noticeable movement to the market. Price is hovering near the upper band, and the short-term pace is a bit fast—just keep an eye on volatility around this level.
For reference only and not investment advice.
#CYS #点金Midas
The funding rate is still positive at +0.0050%. The long positions’ average cost is relatively high, indicating that longs are crowded now and people are paying fees to hold on. Open positions total $10.41 million; over the past 24 hours, the number of contracts (open interest) increased by 2.9%. There hasn’t been any withdrawal of contract capital—rather, it’s flowing in. The long/short ratio is 1.09. The number of accounts on the long side is slightly higher, and the headcounts on both sides aren’t split very widely.
However, on the short-term timeframe it’s a bit out of breath: over the last 15 minutes it fell 0.44%, but trading volume surged to 3.2 times the recent average volume. Sudden liquidity inflow has brought noticeable movement to the market. Price is hovering near the upper band, and the short-term pace is a bit fast—just keep an eye on volatility around this level.
For reference only and not investment advice.
#CYS #点金Midas