$CC 24h Up 15.05%, with the 1-hour trading value rising to 2.83 times the 24-hour average. The buy/sell ratio is only 0.866—volume is coming in, but the direction is the seller eating orders!
The 1-hour position value increased by 1.88% to 13.283 million. The price moved from 0.12176 to 0.12344, and the funding rate is +0.005%—bulls are slightly crowded. With volume expanding but the bid not taking the lead, it looks more like turnover at the high end rather than fresh money chasing. Only if the price does not fall back below 0.12176 and the buy/sell ratio returns above 1 will this increased positioning count; if it can’t break through the 24-hour high of 0.1255 and the buy/sell ratio stays below 1, then you’re the bag holder.
#CC
The 1-hour position value increased by 1.88% to 13.283 million. The price moved from 0.12176 to 0.12344, and the funding rate is +0.005%—bulls are slightly crowded. With volume expanding but the bid not taking the lead, it looks more like turnover at the high end rather than fresh money chasing. Only if the price does not fall back below 0.12176 and the buy/sell ratio returns above 1 will this increased positioning count; if it can’t break through the 24-hour high of 0.1255 and the buy/sell ratio stays below 1, then you’re the bag holder.
#CC
