I just took a look at SPK’s trend—it’s kind of interesting.
Today it reached a high of 0.0241, and the gain briefly exceeded 43%. Now it has already fallen quite a bit from the peak, down to around 0.0215.
Recently, the past three hourly candles have all been in decline, indicating that short-term buying pressure has clearly weakened. People who chased the rally earlier have started to gradually exit.
What’s interesting is that the long side makes up 50.4%, while the short side is 49.6%—almost a 50/50 split. This suggests the market has no agreement on the next direction at all; everyone is basically betting.
The funding rate is close to 0, which means the futures market doesn’t show a strong sentiment bias. It’s not like the “bulls crazily adding positions” situation from a few days ago.
From the perspective of trading volume: in the first few hours today, the volume was very large. But the most recent candle’s volume has shrunk sharply. This kind of “volume-price divergence” often means the short-term momentum has nearly run out.
For regular users: If you didn’t manage to buy at today’s low point, chasing in at the high level carries a pretty high risk. Waiting until volume contracts to the extreme and the direction becomes clear may be steadier.
$SPK #行情分析 #Long-Short Divergence
Click the small card below to quickly check the行情👇
Today it reached a high of 0.0241, and the gain briefly exceeded 43%. Now it has already fallen quite a bit from the peak, down to around 0.0215.
Recently, the past three hourly candles have all been in decline, indicating that short-term buying pressure has clearly weakened. People who chased the rally earlier have started to gradually exit.
What’s interesting is that the long side makes up 50.4%, while the short side is 49.6%—almost a 50/50 split. This suggests the market has no agreement on the next direction at all; everyone is basically betting.
The funding rate is close to 0, which means the futures market doesn’t show a strong sentiment bias. It’s not like the “bulls crazily adding positions” situation from a few days ago.
From the perspective of trading volume: in the first few hours today, the volume was very large. But the most recent candle’s volume has shrunk sharply. This kind of “volume-price divergence” often means the short-term momentum has nearly run out.
For regular users: If you didn’t manage to buy at today’s low point, chasing in at the high level carries a pretty high risk. Waiting until volume contracts to the extreme and the direction becomes clear may be steadier.
$SPK #行情分析 #Long-Short Divergence
Click the small card below to quickly check the行情👇
