ZETA’s second acceleration happens after Funding turns deeply negative. According to Binance public data at 11:46 (UTC+8), $ZETA perpetuals were at 0.06071, up 42.91% over 24 hours, with trading volume of about 381 million USDT.
In the preceding full hour, it rose from 0.05821 to 0.06391, up 9.79%; trading volume was about 15.45 million USDT, up 17.61% month-over-month. In the same period, open interest (OI) increased by 3.04%, accumulating a 286.04% increase over roughly 30 hours; leveraged positions are still expanding.
⚠️ The most recent actual Funding has dropped to -0.0806%; the next round’s estimate is about -0.0434%. As price spikes while the fee rate remains negative, short costs could be amplified and squeeze potential may increase. However, high OI can also make de-leveraging in the opposite direction happen faster; public OI alone can’t determine the net direction of newly added positions.
For the short term, look at the 0.05686—0.06626 range. If a pullback holds above 0.05686 and breaks through 0.06626 with increased volume, the second leg of the advance would be confirmed. If it falls below 0.05686 and OI declines in sync, prioritize treating it as a cooldown/withdrawal driven by crowded positioning. ZETA lacks spot cross-validation, so it’s not advisable to chase the price.
In the preceding full hour, it rose from 0.05821 to 0.06391, up 9.79%; trading volume was about 15.45 million USDT, up 17.61% month-over-month. In the same period, open interest (OI) increased by 3.04%, accumulating a 286.04% increase over roughly 30 hours; leveraged positions are still expanding.
⚠️ The most recent actual Funding has dropped to -0.0806%; the next round’s estimate is about -0.0434%. As price spikes while the fee rate remains negative, short costs could be amplified and squeeze potential may increase. However, high OI can also make de-leveraging in the opposite direction happen faster; public OI alone can’t determine the net direction of newly added positions.
For the short term, look at the 0.05686—0.06626 range. If a pullback holds above 0.05686 and breaks through 0.06626 with increased volume, the second leg of the advance would be confirmed. If it falls below 0.05686 and OI declines in sync, prioritize treating it as a cooldown/withdrawal driven by crowded positioning. ZETA lacks spot cross-validation, so it’s not advisable to chase the price.
