$ESPORTS 24 hours up 12.4%, yet in this hour it fell 2.5%—the hands that are dumping are pulling back, and old positions are exiting!
Current price 0.01111. 24h high 0.01413, low 0.00986, and the price an hour ago was 0.01139. In the past hour, sell orders are 1.27 times the buy orders; the aggressive buy/sell ratio is 0.787. The seller side has the advantage and is taking more orders. In the last 15 minutes the price returned to 1.007, with both sides roughly balanced. Position value is 7.4563 million. Over the past hour it fell 2.36%, with old positions withdrawing. Funding rate is -0.0304%, and shorts are paying out every hour. Trading value is only 0.4 times the 24h hourly average.
The drop is caused by sell orders smashing the market, but the combination of reducing positions and shorts paying the costs suggests this move is more like old profit-taking exits—not new shorts rushing in. Only if it breaks above the 24h high of 0.01413 can the trend be considered continued; a break below the price from an hour ago (0.01139) means it’s cut.
#ESPORTS order book
Current price 0.01111. 24h high 0.01413, low 0.00986, and the price an hour ago was 0.01139. In the past hour, sell orders are 1.27 times the buy orders; the aggressive buy/sell ratio is 0.787. The seller side has the advantage and is taking more orders. In the last 15 minutes the price returned to 1.007, with both sides roughly balanced. Position value is 7.4563 million. Over the past hour it fell 2.36%, with old positions withdrawing. Funding rate is -0.0304%, and shorts are paying out every hour. Trading value is only 0.4 times the 24h hourly average.
The drop is caused by sell orders smashing the market, but the combination of reducing positions and shorts paying the costs suggests this move is more like old profit-taking exits—not new shorts rushing in. Only if it breaks above the 24h high of 0.01413 can the trend be considered continued; a break below the price from an hour ago (0.01139) means it’s cut.
#ESPORTS order book
