$BTWUSDT is showing a short-term uptrend (15m/1h) with a bullish MACD signal, even though the RSI is at a neutral 50.1.
Open interest rose 4.87% over 1 hour, indicating that open positions are increasing along with price.
The taker buy/sell ratio is 1.089, reflecting mild buying pressure from the market.
The funding rate is positive at 0.0924%, suggesting the cost bias of funding leans toward longs.
Meanwhile, the global long/short ratio is 0.5853 (net short), but the top traders are significantly net long with a ratio of 2.0098.
A key support level is 0.6068. A breakdown below this level could weaken the current bullish structure.
The resistance level to watch is 0.91511.
👀 Market Watch: $CELR, $ONE
#BTWUSDT #BinanceFutures #Crypto #trading
Open interest rose 4.87% over 1 hour, indicating that open positions are increasing along with price.
The taker buy/sell ratio is 1.089, reflecting mild buying pressure from the market.
The funding rate is positive at 0.0924%, suggesting the cost bias of funding leans toward longs.
Meanwhile, the global long/short ratio is 0.5853 (net short), but the top traders are significantly net long with a ratio of 2.0098.
A key support level is 0.6068. A breakdown below this level could weaken the current bullish structure.
The resistance level to watch is 0.91511.
👀 Market Watch: $CELR, $ONE
#BTWUSDT #BinanceFutures #Crypto #trading
