CELR this round is no longer just a rapid price surge. According to data published by Binance, $CELR spot is quoted at 0.004401, up 89.70% over the past 24 hours; the perpetual is quoted at 0.004403, up 89.78% over the past 24 hours, with trading volume of about 101 million USDT.
In the latest complete hour, the perpetual rose from 0.004242 to 0.004641, up 9.41%, with trading volume of about 26.99 million USDT, up 58.34% quarter-on-quarter; the spot during the same period rose 9.61%, with trading volume up 47.09%. Open interest (OI) increased 3.45% in one hour, and about 108.19% over roughly 24 hours. Price, trading volume, and positioning are still expanding in sync, but a doubling of OI does not necessarily mean the market has become definitively more bullish.
The next funding period’s indicated value is around +0.0043%. The most recent actual settlement was -0.0293%, and the funding rate has not yet followed the surge to reach an extremely positive level. Meanwhile, the current price has fallen from the latest complete hour’s close of 0.004641, suggesting that high-level turnover and two-way pressure are both intensifying.
If it reclaims 0.00464 and breaks above 0.00487, and spot trading continues to cooperate, the strength could be confirmed for continuation; if it breaks below 0.004235 while OI remains elevated and continues expanding, first guard against a rapid deleveraging.
In the latest complete hour, the perpetual rose from 0.004242 to 0.004641, up 9.41%, with trading volume of about 26.99 million USDT, up 58.34% quarter-on-quarter; the spot during the same period rose 9.61%, with trading volume up 47.09%. Open interest (OI) increased 3.45% in one hour, and about 108.19% over roughly 24 hours. Price, trading volume, and positioning are still expanding in sync, but a doubling of OI does not necessarily mean the market has become definitively more bullish.
The next funding period’s indicated value is around +0.0043%. The most recent actual settlement was -0.0293%, and the funding rate has not yet followed the surge to reach an extremely positive level. Meanwhile, the current price has fallen from the latest complete hour’s close of 0.004641, suggesting that high-level turnover and two-way pressure are both intensifying.
If it reclaims 0.00464 and breaks above 0.00487, and spot trading continues to cooperate, the strength could be confirmed for continuation; if it breaks below 0.004235 while OI remains elevated and continues expanding, first guard against a rapid deleveraging.
