A 28% increase, but what’s truly worth noting is the trading volume—transactions of 22.90 million USDT far exceed the usual levels.
The hourly K-line has continued closing green; it has risen from 0.526 all the way to 0.677, and the bullish rhythm is very clear. The long/short ratio of 61%/39% suggests market sentiment leans bullish, though it isn’t at the point of extreme overcrowding yet.
The funding rate is only 0.005%, relatively low, which indicates that the potential upside may not have been overstretched or fully drained by excessive leverage.
This combination of rising volume and price with healthy funding rates is often more worthy of attention than a price surge alone.
$SPX #SPX #28%
Click the small card below to quickly view the market snapshot👇
The hourly K-line has continued closing green; it has risen from 0.526 all the way to 0.677, and the bullish rhythm is very clear. The long/short ratio of 61%/39% suggests market sentiment leans bullish, though it isn’t at the point of extreme overcrowding yet.
The funding rate is only 0.005%, relatively low, which indicates that the potential upside may not have been overstretched or fully drained by excessive leverage.
This combination of rising volume and price with healthy funding rates is often more worthy of attention than a price surge alone.
$SPX #SPX #28%
Click the small card below to quickly view the market snapshot👇
