$QNT In just one hour, volume surged 6.07x; the price jumped from 75.98 straight to 80.76. The current price is now almost sitting right at the 24h high of 80.8—anyone who chased it bought near the top!
But the one-hour active buy-sell ratio is only 0.978, and in the next 15 minutes it drops further to 0.687. As the price keeps rising, the sell-side that’s taking orders is actually in the majority. Open position value increased 14.72% to 4.996 million; as the price rises and positions increase, it looks more like fresh entries. Funding rate +0.01%, longs aren’t crowded.
As long as it doesn’t fall back to 75.98, the additional-position orders are still in play inside the market. If it breaks down and loses the level, it would indicate this move relied on passive buyers—then it’s time to watch for weakness and exit first.
#QNT
But the one-hour active buy-sell ratio is only 0.978, and in the next 15 minutes it drops further to 0.687. As the price keeps rising, the sell-side that’s taking orders is actually in the majority. Open position value increased 14.72% to 4.996 million; as the price rises and positions increase, it looks more like fresh entries. Funding rate +0.01%, longs aren’t crowded.
As long as it doesn’t fall back to 75.98, the additional-position orders are still in play inside the market. If it breaks down and loses the level, it would indicate this move relied on passive buyers—then it’s time to watch for weakness and exit first.
#QNT
