$W 24h is still up 13.043%. In this hour alone, it slid from 0.015554 to 0.015159—while the position size also fell in sync by 5.14% to 7.556 million. The rally isn’t over, but the positioning is moving out!
The buy-sell ratio is 0.92, then drops again over the next 15 minutes to 0.832. The sellers slightly have the upper hand on order flow. Trading value is only 0.41 times the 24-hour hourly average—an illiquid (shrinking) pullback.
Funding rate is +0.005%. Long-side “rent” is thin, not crowded at all.
It looks more like profit-taking reduction rather than fresh shorts pressing in. Only when it reclaims 0.015554 and the buy-sell ratio flips above 1 can we say the turnover is complete; if it breaks below 0.01324 while positions keep shrinking, then the earlier gains being given back haven’t fully run out yet.
#W
The buy-sell ratio is 0.92, then drops again over the next 15 minutes to 0.832. The sellers slightly have the upper hand on order flow. Trading value is only 0.41 times the 24-hour hourly average—an illiquid (shrinking) pullback.
Funding rate is +0.005%. Long-side “rent” is thin, not crowded at all.
It looks more like profit-taking reduction rather than fresh shorts pressing in. Only when it reclaims 0.015554 and the buy-sell ratio flips above 1 can we say the turnover is complete; if it breaks below 0.01324 while positions keep shrinking, then the earlier gains being given back haven’t fully run out yet.
#W
