$ONE One hour surged 6.1% to 0.002548; positions also increased 9.31% to 10.27 million—price up, and positions up. The buy/sell ratio is 0.919, and the ones taking orders are actually the sellers!
Funding rate: -0.1019%. Shorts must additionally pay extra costs every hour; in 1 hour, the volume energy is only about 1.05× the average—nothing like a breakout in volume. The bid side isn’t dominant yet positions are still increasing; it looks more like shorts are being pushed to cover, not like new longs are aggressively accumulating.
Only if it breaks above the 1-hour-ago level of 0.0024015 and the buy/sell ratio returns above 1 counts as truly catching the bag. If it falls below the 24h low of 0.0019128, the negative funding rate only indicates that shorts are getting squeezed.
#ONE
Funding rate: -0.1019%. Shorts must additionally pay extra costs every hour; in 1 hour, the volume energy is only about 1.05× the average—nothing like a breakout in volume. The bid side isn’t dominant yet positions are still increasing; it looks more like shorts are being pushed to cover, not like new longs are aggressively accumulating.
Only if it breaks above the 1-hour-ago level of 0.0024015 and the buy/sell ratio returns above 1 counts as truly catching the bag. If it falls below the 24h low of 0.0019128, the negative funding rate only indicates that shorts are getting squeezed.
#ONE
