$REZ I prefer to keep watching the repair, but I’m not chasing here. After 0.003438 during the day, it returned around 0.00378; in the past hour, the USD positions’ value increased by 7.1%. The active buy/sell ratio rose to 2.19—this rebound finally isn’t just relying on shorts covering.
But it hasn’t flipped into a trend yet: over the past 24 hours it’s still down about 6.9%. About 53.2% of the whole account is net short, yet the top positions are around 52.4% net long. The funding rate is only -0.007% per 4 hours. There’s disagreement between longs and shorts, and it’s still far from the kind of extreme squeeze. If new leverage breaks away from the active buy side, a pullback will come quickly.
Binance’s REZ spot trading contest runs until 18:00 on September 18 (UTC+8). It can keep attention, but it can’t replace buying. The two 15-minute candles closed above 0.00366 and the position value stayed stable—only then did I see the repair continuing. If the 1-hour candle closes back below 0.00344, the rebound fails. $REZ #Renzo #合约数据 # spot trades
But it hasn’t flipped into a trend yet: over the past 24 hours it’s still down about 6.9%. About 53.2% of the whole account is net short, yet the top positions are around 52.4% net long. The funding rate is only -0.007% per 4 hours. There’s disagreement between longs and shorts, and it’s still far from the kind of extreme squeeze. If new leverage breaks away from the active buy side, a pullback will come quickly.
Binance’s REZ spot trading contest runs until 18:00 on September 18 (UTC+8). It can keep attention, but it can’t replace buying. The two 15-minute candles closed above 0.00366 and the position value stayed stable—only then did I see the repair continuing. If the 1-hour candle closes back below 0.00344, the rebound fails. $REZ #Renzo #合约数据 # spot trades
