52% single-day increase, but the funding rate is only 0.016%—this is a bit unusual.
Today, AKE’s trading volume surged to 1.23 billion USDT. The price moved from 0.0076 to 0.013, and the long/short ratio shows that 55% of participants are shorting. Usually, such a rally attracts a lot of chasing longs, but here the shorts are dominant.
In the last 8 candlesticks, price has been ranging and consolidating in the 0.0124–0.0138 area, suggesting that the bulls are absorbing profit-taking, while the shorts aren’t rushing to dump. Once this balance breaks, the direction will become much clearer.
What I’m watching is: if volume can stay above 1 billion and the funding rate doesn’t turn negative, there may still be momentum for a short-term push higher. Conversely, if the funding rate turns negative and price breaks below 0.0124, it could pull back toward around 0.01.
$AKE #资金费率异常 #52%涨幅
Click the small card below to quickly check the market👇
Today, AKE’s trading volume surged to 1.23 billion USDT. The price moved from 0.0076 to 0.013, and the long/short ratio shows that 55% of participants are shorting. Usually, such a rally attracts a lot of chasing longs, but here the shorts are dominant.
In the last 8 candlesticks, price has been ranging and consolidating in the 0.0124–0.0138 area, suggesting that the bulls are absorbing profit-taking, while the shorts aren’t rushing to dump. Once this balance breaks, the direction will become much clearer.
What I’m watching is: if volume can stay above 1 billion and the funding rate doesn’t turn negative, there may still be momentum for a short-term push higher. Conversely, if the funding rate turns negative and price breaks below 0.0124, it could pull back toward around 0.01.
$AKE #资金费率异常 #52%涨幅
Click the small card below to quickly check the market👇
