$NMR In one hour, it rose from 9.858 to 10.452, up 6.03%. Trading value expanded to 2.56 times the 24h hourly average, while open interest increased in parallel by 11.83% to 255.11 million——price up and positions up; new shorts are being pushed inward!
Aggressive buy-sell ratio is 1.278; in the past 15 minutes it’s 1.132—buyers have consistently been in control of order consumption. Funding rate is +0.005%, so the long side’s cost isn’t yet overcrowded. It’s only slightly below the 24h high of 10.666, but the fact that positions are adding while pulling the price up means that if it dips, a chain reaction is also likely.
Invalidation conditions: if it falls back to 9.858 and open interest turns to decrease, this bullish reading no longer holds. The 24h low of 9.617 is the reference below.
#NMR
Aggressive buy-sell ratio is 1.278; in the past 15 minutes it’s 1.132—buyers have consistently been in control of order consumption. Funding rate is +0.005%, so the long side’s cost isn’t yet overcrowded. It’s only slightly below the 24h high of 10.666, but the fact that positions are adding while pulling the price up means that if it dips, a chain reaction is also likely.
Invalidation conditions: if it falls back to 9.858 and open interest turns to decrease, this bullish reading no longer holds. The 24h low of 9.617 is the reference below.
#NMR
