$LTC From around 75, it dropped by a tenth; even so, big longs are still higher by comparison—there’s more leverage left, not less.
Binance Perpetuals: the long/short ratio of top accounts rose from about 3.01 roughly 48 hours ago to 3.65 now (longs about 78.5%). Retail is 2.56 (about 71.9%), and big accounts are still about 1.10 more than retail. Price is down about 10.7% from the 7-day high of 74.99 (09-26 18:00). Open interest is down 16.4% from the peak (peak at 09-25 01:00).
The funding rate situation is also not easy: in the past 21 periods, 14 of them have been hovering near the ≥0.01% upper bound, with an average annualized rate of roughly 8.8%. Current price is about 66.96, sitting below the 4H SMA20 of 69.49. The heavy-trading zone is around 71.3. The lower Bollinger band is about 65.88—below that is the pressure test for this crowded long positioning.
The narrative (ETF/halving) can continue, but the derivatives order flow is already asking: is this a shakeout before going up, or is it a squeeze that breaks down further?
#LTC #合约数据 #加密市场
Binance Perpetuals: the long/short ratio of top accounts rose from about 3.01 roughly 48 hours ago to 3.65 now (longs about 78.5%). Retail is 2.56 (about 71.9%), and big accounts are still about 1.10 more than retail. Price is down about 10.7% from the 7-day high of 74.99 (09-26 18:00). Open interest is down 16.4% from the peak (peak at 09-25 01:00).
The funding rate situation is also not easy: in the past 21 periods, 14 of them have been hovering near the ≥0.01% upper bound, with an average annualized rate of roughly 8.8%. Current price is about 66.96, sitting below the 4H SMA20 of 69.49. The heavy-trading zone is around 71.3. The lower Bollinger band is about 65.88—below that is the pressure test for this crowded long positioning.
The narrative (ETF/halving) can continue, but the derivatives order flow is already asking: is this a shakeout before going up, or is it a squeeze that breaks down further?
#LTC #合约数据 #加密市场
