When opening an account, should you first look at your positions, or first look at this bullish “big candle”?
The $EDEN round surged 20.17% in 24 hours; the price jumped straight from 0.04481 to 0.05476. With a trading volume of 187 million, it held up the thrust.
In terms of volume and price structure, there’s nothing off—365 million in volume accompanying a new price high, not a no-volume spike. The funding rate of 0.0050% indicates the long side didn’t have to pay extra premium; the market hasn’t entered an overheated zone. In this kind of state, the trend can likely run for a while longer.
Key numbers: set your stop-loss at 0.0480 (if it breaks, it’s a false breakout). First, watch whether it can clear 0.0620. If it does, then look toward the area around 0.0680. Match these levels to the proportion of your own position—if you can, make your move; if you can’t, then observe.
The $EDEN round surged 20.17% in 24 hours; the price jumped straight from 0.04481 to 0.05476. With a trading volume of 187 million, it held up the thrust.
In terms of volume and price structure, there’s nothing off—365 million in volume accompanying a new price high, not a no-volume spike. The funding rate of 0.0050% indicates the long side didn’t have to pay extra premium; the market hasn’t entered an overheated zone. In this kind of state, the trend can likely run for a while longer.
Key numbers: set your stop-loss at 0.0480 (if it breaks, it’s a false breakout). First, watch whether it can clear 0.0620. If it does, then look toward the area around 0.0680. Match these levels to the proportion of your own position—if you can, make your move; if you can’t, then observe.