$TST 0.02007, the 1-hour成交额 (trading amount) is placed at 8.51 times the 24h average. The price moved from 0.01846 about 1 hour ago up to around the 24h high of 0.02022. The open position amount increased in sync by 17.49%. Volume expansion + increased positions + the ratio of aggressive buy/sell of 1.026 looks more like a fresh long position being built and pushed, not short covering. This read breaks down if the price falls back below 0.01846, indicating the chase-buying longs were knocked out. The funding rate of 0.0009% isn’t overcrowded. $ARX also sharply surged with increased positions, but its open position amount changed only 7.59%, which is a weaker push. $USELESS moved in the opposite direction: down 15.03% and open position amount decreased by 4.32%, suggesting the longs are exiting.
#Contract order book