$TRUMP 1.979, 24h down 9.877%, position value down 4.32% in 1 hour.
Price decline comes along with reducing positions. The aggressive buy/sell ratio is 0.605, leaning more toward the sell side; it looks more like longs are exiting rather than fresh shorts entering. The funding rate of -0.0201% suggests the short side is crowded. If the price rises back above 2.015 from one hour ago, then this interpretation of position reduction would no longer hold.
$PUMP also reduced positions and the sell order side is stronger. $EPIC 24h down 17.869% is heavier, but over the past 15 minutes the aggressive buy/sell ratio has returned above 1; near-term selling pressure is temporarily eased.
#Contract order book
Price decline comes along with reducing positions. The aggressive buy/sell ratio is 0.605, leaning more toward the sell side; it looks more like longs are exiting rather than fresh shorts entering. The funding rate of -0.0201% suggests the short side is crowded. If the price rises back above 2.015 from one hour ago, then this interpretation of position reduction would no longer hold.
$PUMP also reduced positions and the sell order side is stronger. $EPIC 24h down 17.869% is heavier, but over the past 15 minutes the aggressive buy/sell ratio has returned above 1; near-term selling pressure is temporarily eased.
#Contract order book