$PEOPLE ：Today there is big money moving, but I can’t yet tell what they’re doing.
Over the past few hours, the trading volume is 4.0 times the usual.
Price is 0.0111, up 36.6% in 24 hours.
This scale of activity isn’t something retail traders can generate.
Behind it, there must be big money at work.
But what are they doing?
It’s still unclear for now.
Open interest (OI) is up 16.1%, and the funding rate is 0.010%.
There are two possibilities.
First:
Big money is building a position—OI rises in sync—and next there may be a directional breakout.
Second:
Big money is distributing—OI falls in sync—and after the volume has been digested, the price may drop instead.
So I’m asking myself one question right now:
If I were that big money, what would I most want retail traders to do here?
In many cases, the answer is already in the order book.
I’m only waiting for two levels:
If it breaks above 0.0111 and the volume is still there → go long.
If it falls below 0.0082 and OI rebounds → bearish.
Let the volume move first; then wait for price to give the answer.
What do you think about this level?
Click the small card below to quickly check the行情👇
Over the past few hours, the trading volume is 4.0 times the usual.
Price is 0.0111, up 36.6% in 24 hours.
This scale of activity isn’t something retail traders can generate.
Behind it, there must be big money at work.
But what are they doing?
It’s still unclear for now.
Open interest (OI) is up 16.1%, and the funding rate is 0.010%.
There are two possibilities.
First:
Big money is building a position—OI rises in sync—and next there may be a directional breakout.
Second:
Big money is distributing—OI falls in sync—and after the volume has been digested, the price may drop instead.
So I’m asking myself one question right now:
If I were that big money, what would I most want retail traders to do here?
In many cases, the answer is already in the order book.
I’m only waiting for two levels:
If it breaks above 0.0111 and the volume is still there → go long.
If it falls below 0.0082 and OI rebounds → bearish.
Let the volume move first; then wait for price to give the answer.
What do you think about this level?
Click the small card below to quickly check the行情👇