When the prediction machine sector moves, the first thing that’s often dug up isn’t the leading dragon—it’s the one with the most elasticity. This time, $PYTH seems to have been nudged by capital in resonance with the narrative: spot is at $0.0553, up +9.66% in 24h, and the high touched $0.05768. The key is that spot trading volume is $23.65M, higher than the futures volume at $20.34M. The futures/spot ratio is only 0.9x, funding rate is still at -0.0001%, and OI is hanging at 171,898,248 PYTH.
I don’t chase a market like this. I’ll place a buy around $0.052 after the dip and take a 2% position. There’s heat, but it doesn’t feel like a heavy squeeze—more like spot moved first and futures caught on later. $PYTH #PYTH
I don’t chase a market like this. I’ll place a buy around $0.052 after the dip and take a 2% position. There’s heat, but it doesn’t feel like a heavy squeeze—more like spot moved first and futures caught on later. $PYTH #PYTH