Prices are dropping, but the money keeps shoving into the longs—this is the most tangled spot for 1000PEPE right now. In the past 24 hours it’s down 4 points; the four-hour chart is still probing lower. Meanwhile, contract-initiated buys account for 66.7%, and the 7-hour trading volume has expanded by 55%. As the candlesticks move downward, the hands taking orders are all long.
Open interest rose another 6% over seven hours. This isn’t leverage fleeing the scene—it’s new positions entering. The fee rate is 0.01% and price is still in positive territory; longs are paying to hold orders without complaining. On the order book, the buy wall’s thickness overpowers the sell side by a notch—1.76x. The dip carved out gets filled almost immediately.
The big players are even more ruthless. The long/short position ratio is 2.58; 70% of the pressure is on the long side, and over seven hours it even added another 6 points. The shorts have been yelling all day, but the counterparty is a big whale with 72% longs—not a bunch of random retail.
So I’m bullish. A 7-day gain of 53%. After a pullback of three or four points, the counterparties taking over are all主动买单 (actively initiated buys) and the big whales adding positions. This isn’t the trend ending—it’s turnover and accumulation within the pullback. But 0.00388 is my line, the one-day low: if it breaks—open interest turns downward and the active buy share falls below 50%—it means the real incoming funds have truly withdrawn. Then the long thesis is invalid, and I flip short immediately. #1000pepe $1000PEPE
Open interest rose another 6% over seven hours. This isn’t leverage fleeing the scene—it’s new positions entering. The fee rate is 0.01% and price is still in positive territory; longs are paying to hold orders without complaining. On the order book, the buy wall’s thickness overpowers the sell side by a notch—1.76x. The dip carved out gets filled almost immediately.
The big players are even more ruthless. The long/short position ratio is 2.58; 70% of the pressure is on the long side, and over seven hours it even added another 6 points. The shorts have been yelling all day, but the counterparty is a big whale with 72% longs—not a bunch of random retail.
So I’m bullish. A 7-day gain of 53%. After a pullback of three or four points, the counterparties taking over are all主动买单 (actively initiated buys) and the big whales adding positions. This isn’t the trend ending—it’s turnover and accumulation within the pullback. But 0.00388 is my line, the one-day low: if it breaks—open interest turns downward and the active buy share falls below 50%—it means the real incoming funds have truly withdrawn. Then the long thesis is invalid, and I flip short immediately. #1000pepe $1000PEPE
