$DEEP 24h up 21.59%. The trading value in 1 hour jumped to 4.11 times the 24h average in one go—this volume is coming in a bit intense!
Price up, positions up too: the 1-hour open interest value increased 6.9% to 244.8 million. The buy-sell ratio went from 1.038 up to 1.097 within 15 minutes—buyers are taking the lead with incoming orders. The current price is 0.02276, sticking right below the 24h high of 0.02302. As long as it doesn’t drop back below 0.02198 from one hour ago, the position build pushing the price is still valid. If it can’t break through 0.02302 and the buy-sell ratio falls back below 1, then it’s just high-level rotation.
#DEEP
Price up, positions up too: the 1-hour open interest value increased 6.9% to 244.8 million. The buy-sell ratio went from 1.038 up to 1.097 within 15 minutes—buyers are taking the lead with incoming orders. The current price is 0.02276, sticking right below the 24h high of 0.02302. As long as it doesn’t drop back below 0.02198 from one hour ago, the position build pushing the price is still valid. If it can’t break through 0.02302 and the buy-sell ratio falls back below 1, then it’s just high-level rotation.
#DEEP
