$DASH Today it rose 3.42%, and several signals are worth watching
Current price 60.41, 24h +3.42%, trading volume 0.29B U.
Market signals:
· Big-holder long/short ratio 2.17, big-holders are leaning bullish
· Funding rate +0.0100%, longs are paying
My take: Big-holders are leaning bullish, and the funding rate is still positive, which suggests longs are getting a bit crowded—chasing longs has a lower cost-effectiveness; it’s more stable to wait for a pullback and then reassess.
$DASH What do you think? Let’s chat in the comments
#$DASH #Market analysis
Current price 60.41, 24h +3.42%, trading volume 0.29B U.
Market signals:
· Big-holder long/short ratio 2.17, big-holders are leaning bullish
· Funding rate +0.0100%, longs are paying
My take: Big-holders are leaning bullish, and the funding rate is still positive, which suggests longs are getting a bit crowded—chasing longs has a lower cost-effectiveness; it’s more stable to wait for a pullback and then reassess.
$DASH What do you think? Let’s chat in the comments
#$DASH #Market analysis