$4 This move is a bit interesting. In just 15 minutes, it jumped 2.29%, and the volume has picked up too—1.52 times the usual. Price also followed through and broke above the upper edge of the last ~20 five-minute candlesticks. Especially worth noting is that OI is rising in sync: contract open interest is up +0.56% over 15 minutes and +1.02% over 1 hour, with notional changes exceeding 180K USDT. This is more like new leveraged long positions entering, not just a simple short-covering bounce.
The active trade spread is down 7.2%, with a buy/sell ratio of 1.15—buyers are in the lead, and order-book sentiment is rather excited. We don’t yet know whether the funding rate will keep up, but the volume-price pattern here is worth monitoring. In the past 24 hours, trading volume exceeded 31 million USD. Liquidity activity in the pool is high enough—let’s see whether it can hold above the breakout level and move higher.
The active trade spread is down 7.2%, with a buy/sell ratio of 1.15—buyers are in the lead, and order-book sentiment is rather excited. We don’t yet know whether the funding rate will keep up, but the volume-price pattern here is worth monitoring. In the past 24 hours, trading volume exceeded 31 million USD. Liquidity activity in the pool is high enough—let’s see whether it can hold above the breakout level and move higher.
