Market cap 845 million, but trading is only 87.8 million

Market cap is $845 million, with $87.8 million traded in 24 hours.
This trading isn’t cold.
Price 0.859, 24h +7.6%.
The excitement is still coming.
News: 10 items. Internet Computer and Filecoin Gain Amid Crypto Market Downt—attention has piled up.
Funding rate: -0.0011% → -0.0028%. It turns negative and keeps moving lower.
Bears start to have the upper hand.
What’s the cost? The holding cost for shorts rises. With a negative funding rate, shorts pay.
Open interest: +8.5%.
46.0M → 43.6M → 45.3M → 49.9M.
First withdraw, then return, and finally push up to 49.9M.
While the price rises 7.6%, positions are increased by another layer.
This isn’t a low-volume, slow bleed.
And it’s not that no one is taking bids.
Someone is pressing with real money during the rally.
One takeaway: the direction hasn’t been confirmed yet, but the costs have already moved.
Don’t guess the top, don’t guess the bottom. First look at your own leverage and your position cost.

Risk warning: with funding rates reversing, only one settlement is needed—and your margin won’t wait for you to confirm.

#FIL #币安 #比特币