UNITREE This drop is a bit brutal—within 24 hours it plunged 14.79%. The price is currently hovering around 97. The Bollinger Bands’ three lines are moving sideways, grinding back and forth; the band width is narrowing, and the direction hasn’t become clear yet. Price is oscillating around the middle band. %B is 0.63, sitting neither close to the upper nor the lower band.
Funding rate is still positive at +0.1886%. Long positions’ cost basis is relatively high—you’re paying the shorts. Open interest hasn’t shrunk; it’s actually increasing. OI over the last 24 hours is up 41.2%, with contract capital flowing inward, but the long-to-short participant ratio is 0.69, meaning short accounts clearly have the edge—short-side participants outnumber the long side by a margin.
On the short-term timeframe there are some signs of movement: the 15-minute chart rose 1.42%, and volume exploded—about 6.5 times the recent average volume. Liquidity suddenly surged in, and the market suddenly became more active. However, the overall structure is still neutral consolidation—no clear direction. Price is churning near the middle band. It’s been a hard drop, but on the short term there’s capital testing the waters.
For reference only and does not constitute investment advice. #UNITREE #点金Midas
Funding rate is still positive at +0.1886%. Long positions’ cost basis is relatively high—you’re paying the shorts. Open interest hasn’t shrunk; it’s actually increasing. OI over the last 24 hours is up 41.2%, with contract capital flowing inward, but the long-to-short participant ratio is 0.69, meaning short accounts clearly have the edge—short-side participants outnumber the long side by a margin.
On the short-term timeframe there are some signs of movement: the 15-minute chart rose 1.42%, and volume exploded—about 6.5 times the recent average volume. Liquidity suddenly surged in, and the market suddenly became more active. However, the overall structure is still neutral consolidation—no clear direction. Price is churning near the middle band. It’s been a hard drop, but on the short term there’s capital testing the waters.
For reference only and does not constitute investment advice. #UNITREE #点金Midas