34.97% — SUSHI’s gain tonight is quite interesting.
The price moved from 0.1894 to 0.2563, with trading volume at 93.5M USDT, but the funding rate is only 0.00558%, which is not extreme.
Long positions account for 59% and short positions 41%, so the positioning is not one-sided, suggesting this rally has not yet reached the point where "everyone is on board."
Overall strength increased over the past 8 hours, with several pullbacks along the way, but each was bought up.
This kind of volume-price alignment, with positions not yet overheated, is actually more sustainable than a rally where the funding rate spikes through the roof.
$SUSHI #DeFi #34.97%
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The price moved from 0.1894 to 0.2563, with trading volume at 93.5M USDT, but the funding rate is only 0.00558%, which is not extreme.
Long positions account for 59% and short positions 41%, so the positioning is not one-sided, suggesting this rally has not yet reached the point where "everyone is on board."
Overall strength increased over the past 8 hours, with several pullbacks along the way, but each was bought up.
This kind of volume-price alignment, with positions not yet overheated, is actually more sustainable than a rally where the funding rate spikes through the roof.
$SUSHI #DeFi #34.97%
Click the small card below to quickly view the market 👇
